Health care costs to rise 9% in ’13
Updated: November 6, 2012 6:23AM
Chicago area workers can expect their average health care costs to jump 9.2 percent next year from 2012, according to an analysis by Lincolnshire-based Aon Hewitt.
Including employee contributions and out-of-pocket costs, health care costs are expected to rise to $5,595, up from $5,122 in 2012, the human resources and benefits consulting company said.
Average employee premium contributions are expected to rise to $2,713 from $2,508, and average out-of-pocket costs are expected to rise to $2,882 from $2,614.
This year, companies and workers in the region saw higher cost hikes than were experienced nationally, compared with 2011.
The average health care cost per employee in Chicago rose 5.7 percent to a cost of $10,616 this year, including employer and employee contributions, but excluding employee co-pays. That compares to the national average of a 4.9 percent increase.