Published: October 20, 2015
Community: HR Strategy & Analytics
2015 Health and Well-being Touchstone Survey Highlights:
- The average reported increase in medical plan costs before plan changes was 7.9% for 2014, very close to the 8.0% expected from the 2014 Touchstone Survey.
- The average reported annual increase post plan changes was 4.5% for 2014, about the same as last year and lower than the 5.3% predicted in the 2014 Touchstone Survey. The expected increase has dropped to 4.1% for 2015.
- Empoyers are aiming to lower medical costs through plan changes including the addition of new options such as High Deductible Health Plans (HDHP's)