Katie Kuehner-Hebert is reporting in BenefitsPro that the cost of health care for a typical American family of four receiving coverage from an employer-sponsored preferred provider plan will rise by just 4.5 percent this year. This is according to the 2018 Milliman Medical Index.
The article notes that the index also found that prescription drug trends are down for the third consecutive year. However, while employers are paying more, employees are paying a lot more. Over the long-term, Milliman had seen employees footing an increasingly higher percentage of the total. That trend continues in 2018, with employee expenses increasing by 5.9 percent, while employer expenses increased by only 3.5 percent.