Saturday, December 3, 2011

Business

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The projected 9 percent cost increase is slightl y lower thanthe 9.2 percent increase in 2009 and 9.9 percengt increase in 2008, PricewaterhouseCoopers Medical-cost increases continue to outpacw inflation and wage increases. The report suggestd that medical costs continue to climbnbecause U.S. workers are accelerating their useof health-care servicex in anticipation of losing their jobs and, potentially, their insurance. Risingg unemployment, an increased numbers of individuals with little or no insurancwe and a growing percentage of the populatioh on Medicaid further rampup medical-costf trends — the figures actuaries use to set futurwe health-insurance premiums.
Employers surveyed by PricewaterhouseCoopers said they will push more of the costsz of health insurance to their workersin 2010. Employersz also say they expect workeres to take more responsibility for managing theirpersonal health.

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