Large companies estimate that their total cost of health care, including premiums and out-of-pocket costs for employees and dependents, will rise to $15,375 per employee in 2020, up from $14,642 per employee this year, according to the 2020 Large Employers' Health Care Strategy and Plan Design Survey by the nonprofit National Business Group on Health (NBGH).
Large employers will cover nearly 70 percent of health care costs for their workforce next year?unchanged from 2019?while employees will pay about 30 percent, or nearly $4,500.
Plan premiums and annual cost increases are often higher for small and mid-sized employers that lack the bargaining power of the big corporations polled in this survey. On average, small businesses pay about 8 percent to 18 percent more than large firms for the same health insurance plans, according to the National Conference of State Legislatures. Health insurers may charge different premiums to small employers based on the employer's industry or the employer's prior health claims.
Comagine Health is working to reimagine health care. Together with their partners they are working to improve health and create a better health care system. Come and learn from industry professionals what important steps you can take as an employer to reduce the cost of your health care premiums moving forward.
Agenda
8:00 am - 8:15 am Registration | Networking | Light Breakfast
8:15 am - 9:30 am Panel Discussion
Moderator | Representative Dr. Suzanne Harrison
Brad Daw | State Auditors Office
Chet Loftis | PEHP
Joan Gallegos | Comagine Health
