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From GLP-1 Drugs To Catastrophic Claims – Why Employer Health Premiums Are Skyrocketing In 2025 [Yahoo! Finance]

Voya Financial, Inc. (VOYA) 
Last voya financial, inc. earnings: 2/10 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.voya.com
Company Research Source: Yahoo! Finance
drugs, rising catastrophic claims and other cost pressures are driving employer-sponsored health insurance costs to new heights. Current projections range from 7% to 8% average cost increases, making these changes some of the highest in decades. Mercer reports that smaller employers – those with 50-499 employees – are facing increases as high as 9% if they don't take action to lower them. Don't Miss: The average American couple has saved this much money for retirement — How do you compare $100K Sitting In A CD Account, Should I Move Money Into The Stock Market? GLP-1 drugs, including popular names like Ozempic and Wegovy, which were initially prescribed for managing diabetes, are now widely used for weight loss. The demand for these drugs has grown, further driving the cost for employers that cover them in health care plans Coverage for these medications varies widely across plans; while many employers cover GLP-1 for diabetes treatment, fewer provide coverage for these dr Show less Read more
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