Employers Enhanced Health Benefits in 2024, Adding Coverage for Weight-Loss Medications and IVF Despite Growing Health Costs, Mercer Survey Finds [Yahoo! Finance]
Marsh & McLennan Companies, Inc. (MMC)
Last marsh & mclennan companies, inc. earnings: 4/30 07:00 am
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Source: Yahoo! Finance
investment objectives, shape the future of work and enhance health and retirement outcomes for their people, released results from its 2024 National Survey of Employer-Sponsored Health Plans The survey found that the average per-employee cost of employer-sponsored health insurance reached $16,501 in 2024, an increase of about 5% year over year, with employers expecting an increase of about 6% in 2025. "Employers doubled down on strategies to manage cost growth while finding ways to improve key benefits to support employees and their families in 2024, including expanded coverage for GLP-1 medications and fertility treatments," said Ed Lehman, Mercer's US Health Leader. The fastest-growing component of health benefit cost continues to be prescription drugs. Pharmacy benefit cost rose 7.7% in 2024, following an increase of 8.4% in 2023. One driver of this spend is the growing utilization of GLP-1 drugs for diabetes and weight loss. While nearly all health plans cover GLP-1 drugs
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MMC
News
- Marsh & McLennan Companies, Inc. (NYSE: MMC) had its price target raised by analysts at Barclays PLC from $236.00 to $246.00. They now have an "equal weight" rating on the stock.MarketBeat
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- Employers Enhanced Health Benefits in 2024, Adding Coverage for Weight-Loss Medications and IVF Despite Growing Health Costs, Mercer Survey FindsBusiness Wire
MMC
Earnings
- 10/17/24 - Beat
MMC
Sec Filings
- 11/19/24 - Form 4
- 11/19/24 - Form 4
- 11/19/24 - Form 4
- MMC's page on the SEC website