How to provide quality, low-cost health benefits without employees footing the bill

A male doctor holding a tablet and female patient sit on a bench in conversation. (Credit: Solskin—Getty Images)

Health benefits are getting more expensive.

Although health care costs lagged behind inflation in 2022, rising just 3.2% in 2022 compared to inflation's year-end 6.5%, they’re expected to grow by 5.4% this year due to wage increases and higher supply costs in the sector. That’s according to new data from Mercer presented at a webinar last week.