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Most Companies Paying at Least 5 Percent More for Health Insurance Premiums in 2016; 1 in 4 Incurring Double-Digit Increases

A survey of more than 3,000 U.S. employers reports that 54 percent are paying at least 5 percent more for employee medical insurance this year, with nearly one in four suffering from increases of at least 10 percent. Yet a decisive 67 percent agree that medical and pharmacy benefits are the cornerstone of their employee benefits package, and therefore an important tool to recruit and retain talent in a tightening labor market.