Healthcare Costs, Insurance Premiums Expected to Rise in 2025 [Yahoo! Finance]
Willis Towers Watson Public Limited Company - Ordinary Shares (WTW)
Last willis towers watson public limited company - ordinary shares earnings: 2/26 04:05 pm
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Source: Yahoo! Finance
ACA premiums could go up 10% in 2025 CANTON, Ohio Oct. 28, 2024 /PRNewswire/ -- Healthcare costs and insurance premiums are set to increase significantly in 2025, continuing a trend that has burdened businesses and individuals for several years. The expected 8% increase would be the largest since 2012 and match the increase in 2023, according to a study by PricewaterhouseCoopers. Insurance companies are expected to increase premiums 7% to offset much of this cost, according to a study from Willis Towers Watson More than half of employers said they plan to implement changes to lessen the impact of these higher costs, with about 34% planning to pass some of the burden onto their workers. A third plan to explore narrower provider networks and another 20% will encourage use of such options as high-deductible health plans. In the past five years, the average premium for family coverage in an employer insurance plan has increased by 24%, according to a KFF review. Even particip
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WTW
Earnings
- 10/31/24 - Beat
WTW
Sec Filings
- 11/20/24 - Form 4
- 11/20/24 - Form 4
- 11/20/24 - Form 4
- WTW's page on the SEC website