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Employers See Jump in Healthcare Costs

Healthcare costs for employers in the Houston area jumped about 12 percent in the past year. The Houston Business Group on Health has been tracking for the past ten years how employers are handling health benefits. 137 companies responded to this year’s survey. Those businesses employ more than 216,000 people locally and more than 450,000 […]

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Healthcare costs for employers in the Houston area jumped about 12 percent in the past year. The Houston Business Group on Health has been tracking for the past ten years how employers are handling health benefits.

137 companies responded to this year’s survey. Those businesses employ more than 216,000 people locally and more than 450,000 people across the country. The companies spend $2.5 billions in healthcare benefits. The Houston Business Group on Health started the annual survey to understand better what local employers are facing in providing health benefits. Employee Benefit Solutions did the survey. Principle Brett Haugh says companies once again are facing double-digit increases.

Haugh says it’s widely believed that the cost of health benefits is being shifted to employees. He says that scenerio doesn’t hold up in the data they have collected.

Haugh says it’s a different story for businesses. In 1995 the annual cost of benefits per employee was about $3,700. This year’s survey shows that number to be $8,100. There’s been a push to have more consumer driven health care through things such as health savings accounts. Last year’s survey showed one plan being offered in the area, this year there are eleven.

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