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	<title>HRMorning.com &#187; consumer-directed</title>
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		<title>Companies reveal plans for capping health costs</title>
		<link>http://www.hrmorning.com/companies-reveal-plans-for-capping-health-costs/</link>
		<comments>http://www.hrmorning.com/companies-reveal-plans-for-capping-health-costs/#comments</comments>
		<pubDate>Wed, 10 Sep 2008 10:00:21 +0000</pubDate>
		<dc:creator>Jim Giuliano</dc:creator>
				<category><![CDATA[In this week's e-newsletter]]></category>
		<category><![CDATA[Latest News & Views]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[policies]]></category>
		<category><![CDATA[consumer-directed]]></category>
		<category><![CDATA[Health care]]></category>
		<category><![CDATA[health costs]]></category>
		<category><![CDATA[Mercer]]></category>

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		<description><![CDATA[If you&#8217;re looking to benchmark your approach to keeping a lid on company health costs, take a look at the details from a survey asking 3,000 HR managers what tactics they&#8217;re planning. 
The survey was conducted by the Mercer consulting firm. Here&#8217;s a compilation of the responses (the numbers add up to more than 100% [...]]]></description>
			<content:encoded><![CDATA[<p>If you&#8217;re looking to benchmark your approach to keeping a lid on company health costs, take a look at the details from a survey asking 3,000 HR managers what tactics they&#8217;re planning. <span id="more-318"></span></p>
<p>The <a href="http://www.mercer.com/summary.htm?idContent=1319885">survey</a> was conducted by the Mercer consulting firm. Here&#8217;s a compilation of the responses (the numbers add up to more than 100% because some companies are trying more than one approach):</p>
<ul>
<li>59% said they intend to keep down rising health care costs in 2009 by raising workers&#8217; deductibles, copays or out-of-pocket spending limits.</li>
<li>47% are encouraging enrollment in plans with lower premiums and higher deductibles.</li>
<li>19% will start offering a consumer-directed health plan &#8212; a high-deductible plan with employee-controlled spending accounts. They encourage employees to save account money by shopping for the best health bargains; the employees can keep the savings for future needs. That&#8217;s up from last year&#8217;s figure of 12% who said they were very likely to adopt a consumer-directed plan.</li>
</ul>
<p>More from the study:</p>
<ul>
<li>On average, health care costs will go up by an estimated 5.7% next year for workers and their employers. That&#8217;s the same as this year&#8217;s 5.7%  and slightly less than the 6.1% jump in 2007.</li>
<li>During that same period, wage increases have averaged slightly under 4%.</li>
<li>In the last five years, the average health-plan deductible for an individual grew from $250 to $400. For a family, it rose from $1,000 to $1,500.</li>
</ul>
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