Health Insurance Costs for Companies Soaring as We Head Toward 2026

Health insurance costs for companies soaring as we head toward 2026

As the fourth quarter nears, many employees start choosing their benefits for the next year. This fall, some may face sticker shock. Businesses and companies that provide health care coverage are facing the largest spike in health insurance costs in the past 15 years, according to the Wall Street Journal. Several factors are driving up premiums: higher costs for hospital care; increased use of medical services for such illnesses as cancer, cardi…