Out-of-pocket pinch

Employers and workers are feeling the pinch of inflation on US healthcare costs. Senior partner Shubham Singhal and coauthors report that employers are eyeing cost-cutting measures such as reducing nonmedical benefits and boosting employees’ share of out-of-pocket expenses. Moves such as these, though, could amplify talent retention pressures.

Employers say that healthcare premium increases above 4 percent would be unsustainable; many would consider increasing employees' share of costs.

To read the article, see “The gathering storm: The threat to employee healthcare benefits,” October 20, 2022.