In a recent study released by the Rand Corporation, the authors describe a national healthcare pricing system with vastly different costs depending upon where you live and your insurance benefits. These differences will certainly have an impact on the upcoming political debates. Managers of risk, claim and other corporate benefit functions will benefit from reading and understanding the findings of this study.
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The forecast for medical costs have stabilized for employers, however it is still more than double the Consumer Price Index says the PwC Health Research Institute in their June report. With all of the recent employer “wellness” efforts, employee medical costs continue to grow. So, why are costs still increasing?