"Health Care Costs 2002 - Watson Wyatt Worldwide Survey Results"
No author cited
Watson Wyatt Worldwide, July 2002.
Available Online
Gathering the results on healthcare costs from 200 surveyed businesses,
this report shows a steady increase in health plan expenses for employers.
Report data indicates that there will be a 13.6 percent increase in costs
to employees using healthcare plans provided by their employers by the end
of 2002. Trends in the report also show that employee contributions to health
costs will increase over the year, meaning that employees will be paying
higher insurance premiums. About three-quarters of employers are considering
benefit reductions or increase in copays as "likely" or "somewhat
likely" methods they will use to offset health care costs in the next
year. Only 10 percent reported they are “very likely” to change
medical vendors.
