Worker premiums and out-of-pocket costs have doubled since 2009 and continue to rise, according to a recent Forbes report.
The report cites an Aon Hewitt analysis that claims declining unemployment, workers feeling more secure in their jobs and increasing employer healthcare premiums means employees will spend more money on healthcare.
Additional findings from the report include the following.
- Annual employer healthcare costs will rise 5.5 percent in 2015 from $10,717 to $11,304, the highest percentage rate increase since 2011 when employer costs rose 8.5 percent.
- The share employees will pay will increase 7 percent in 2015 to a total of 23.6 percent of the premium's cost, from roughly $2,487 to $2,664.
- On average, workers will also have to pay $2,487 in 2015 in out-of-pocket costs, which is up more than 8 percent from $2,295 in 2014 and nearly double the $1,276 they paid out-of-pocket in 2009.
More articles on healthcare finance:
For-profit hospital Q3 financial results: 15 things to know
5 Practices for Labor Cost & Care Quality
4 hospitals receive credit downgrades in past month