Advisor warns of alarming worker health costs despite recent slowdown
Originally Published 2 years ago — by CNBC
While the rise in worker health costs has slowed in recent years, experts argue that the current prices are still unaffordable for many. Premiums, deductibles, and out-of-pocket maximums have all increased, although the rate of increase has slowed compared to previous years. The reduction in cost-sharing requirements can be attributed to a strong labor market, but concerns about affordability remain. Experts suggest choosing a health plan that suits individual needs and being mindful of network providers to keep costs down.