News Headlines Article

Health care costs forecast to rise 7 percent
Boston Globe

Health care costs are projected to increase by about 7 percent this year, making it likely that employers will try to control expenses by changing benefits, increasing deductibles, and otherwise shifting more costs to their workers, the state’s health insurance companies said Thursday.

The increase, about double the target for growth in medical spending under the state’s universal health care law, is driven in part by expensive hospital visits, complex procedures, and the astronomical cost of specialty drugs, including one for hepatitis C, the insurers told a group of employee benefits specialists.