Report: Employers to see 2011 medical costs jump - WKOW 27: Madison, WI Breaking News, Weather and Sports

Report: Employers to see 2011 medical costs jump


INDIANAPOLIS (WKOW) --U.S. companies anticipate another big increase in medical costs in 2011 and many workers will be expected to pay a bigger share.

The PricewaterhouseCoopers report says that for the first time, most of the American workforce is expected to have health insurance deductibles exceeding $400.

Employees who are asked to pay more through things like higher deductibles help keep cost growth in check because they use less health care.

President Obama's health care reform law signed in March will have little impact on next year's costs.

The report finds that found that medical costs are expected to increase by nine percent next year.

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