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International Business Times
International Business Times
Business

Large Employers Are Cutting Health Benefits as Costs Surge. Workers Could Pay More Next Year.

Mercer's annual survey of employer-sponsored health plans projects that the total cost of health benefits per employee will increase by an average of 8.2% in 2027, the biggest increase since 2003. (Credit: Robyn Beck/AFP via Getty Images)

Some of America's largest employers are scaling back health benefits as another steep increase in medical costs forces companies to reconsider how much of the burden they can continue absorbing.

Major corporations including Disney, Starbucks and Deloitte are making changes to employee benefits, according to an Axios report. The changes offer an early glimpse of what could become a broader shift in workplace health coverage as employers prepare for health care costs to climb again in 2027.

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