Health Care Costs Skyrocket for American Businesses, Prompting Shift Towards Value-Based Care
Los Angeles, California – American businesses across the country are facing a sharp increase in healthcare expenses, with private health insurance costs expected to climb by 7.6 percent this year alone. These rising costs are putting pressure on businesses already dealing with macroeconomic challenges and a growing demand for healthcare services in a complex labor market. Traditionally, businesses have absorbed these cost increases to prevent passing them on to employees through higher premiums. However, there …