The cost for companies to provide medical care to staff continues to vastly outpace inflation in most major economies, according to research by Mercer Marsh Benefits.
In the UK, medical costs are set to increase 6.4% against an inflation rate of 0.8%. The research into company-provided employee healthcare plans also found that the costs were largely driven by claims related to employee lifestyle choices, such as smoking, a lack of exercise and a poor diet. The research Medical Trends Around the World, is based on a survey of 171 insurers across 49 countries (outside of the United States) and shows that, across 40 countries, the average per person increase...
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