Employees of midsize and large companies in 2015 paid an average of $4,700 for their health insurance, up from $2,001 in 2005, according to recent analysis fromAon Hewitt.
Because they are looking for solutions to high costs, companies are changing the design of their benefit programs, Aon Hewitt Senior Vice President Mike Morrow said, moving toward leaner plans. In fact, 38% of employers have increased their participants’ deductibles and/or copays in the last year, and another 46% may do so in the future, the report from Aon said.
Companies are also beginning to offer high-deductible health plans (HDHPs) more frequently, an option that didn’t really exist for employers until the last decade, said Gerald Kominski, the director of the UCLA Center for Health Policy Research; they are now the second-most popular plan choice, surpassing health-maintenance organization plans (HMOs).
