Health Care | National Investor Network

Employee sponsored health benefits cost expected to rise 6.5% in 2020.

Written by Rebecca Harris | Sep 16, 2019 4:30:25 PM

US healthcare costs continue to rise faster than the general inflation rate due to patient health and rising costs of medical care.

 Medical cost inflation is expected to exceed general inflation by 3.8% next year in the US, and 8% globally due to the expansion of benefits and costs. Cost growth combined with an increase in non-communicable diseases including physical inactivity, obesity, poor nutrition, aging, and substance abuse are the driving factors behind the cost surge.