Healthcare Cost Trends 2025: Have We Reached the Peak?

By Team PCM | Nov 25, 2024 | Blog post, Plan Management, Contract Management

Most likely not. Just when we thought healthcare costs couldn’t climb any higher, the forecast for 2025 suggests we haven’t reached the summit yet. Understanding that healthcare costs will accelerate next year will be critical for employers, brokers, consultants, and others to make informed decisions and maintain competitive benefits packages.

What’s Fueling the Continued Climb?

The healthcare landscape is experiencing unprecedented pressures from multiple directions. Specialty drug costs continue to skyrocket to a projected 13.4% increase due to the uptake of new expensive treatments steadily eroding cheaper alternatives. This increase includes dramatic growth in spending on oncology, immunology, and diabetes-related medications. Meanwhile, post-pandemic staffing and delayed care challenges persist, driving up costs across all healthcare sectors.

Why You Can’t Afford to Miss Our Upcoming Webinar

On December 4th, our healthcare analytics experts will dive deep into the trends shaping healthcare costs in 2025. During this session, we will:

• Synthesize a comprehensive view of 2025 health trends from 10 different industry organizations.
• Reveal detailed cost projections and their potential impact on your organization.
• Decompose underlying inflators responsible for the overall trend acceleration.
• Provide actionable steps you can implement immediately to prepare for what’s ahead.

Data is the Key to Navigating the Health Costs Terrain

While many hoped for a return to more moderate healthcare cost trends following the pandemic, we’re facing another challenging year ahead. Employer-sponsored health plans and their trusted advisors must work from a solid data baseline and be aware of risks, cost drivers, and cost-saving opportunities to maintain competitive benefits packages while managing costs effectively.

Even the most experienced climbers need a team of experts assisting and guiding the way. Join us for this critical webinar, where we’ll share our comprehensive analysis and practical solutions to help your organization prepare for the health cost challenges waiting uphill in 2025 and beyond.

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Register Now: https://us06web.zoom.us/webinar/register/1417322126393/WN_QFgJZ504Q7SqWcTo8InV7w

Turn uncertainty into opportunity. Join us on December 4^th at 10am PT/ 1pm ET for this can’t-miss event.

Healthcare Cost Trends 2025: Have We Reached the Peak?

By Team PCM | Nov 25, 2024 | Plan Management, Contract Management

Most likely not. Just when we thought healthcare costs couldn’t climb any higher, the forecast for 2025 suggests we haven’t reached the summit yet. Understanding that healthcare costs will accelerate next year will be critical for employers, brokers, consultants, and others to make informed decisions and maintain competitive benefits packages.

What’s Fueling the Continued Climb?

The healthcare landscape is experiencing unprecedented pressures from multiple directions. Specialty drug costs continue to skyrocket to a projected 13.4% increase due to the uptake of new expensive treatments steadily eroding cheaper alternatives. This increase includes dramatic growth in spending on oncology, immunology, and diabetes-related medications. Meanwhile, post-pandemic staffing and delayed care challenges persist, driving up costs across all healthcare sectors.

Why You Can’t Afford to Miss Our Upcoming Webinar

On December 4th, our healthcare analytics experts will dive deep into the trends shaping healthcare costs in 2025. During this session, we will:

• Synthesize a comprehensive view of 2025 health trends from 10 different industry organizations.
• Reveal detailed cost projections and their potential impact on your organization.
• Decompose underlying inflators responsible for the overall trend acceleration.
• Provide actionable steps you can implement immediately to prepare for what’s ahead.

Data is the Key to Navigating the Health Costs Terrain

While many hoped for a return to more moderate healthcare cost trends following the pandemic, we’re facing another challenging year ahead. Employer-sponsored health plans and their trusted advisors must work from a solid data baseline and be aware of risks, cost drivers, and cost-saving opportunities to maintain competitive benefits packages while managing costs effectively.

Even the most experienced climbers need a team of experts assisting and guiding the way. Join us for this critical webinar, where we’ll share our comprehensive analysis and practical solutions to help your organization prepare for the health cost challenges waiting uphill in 2025 and beyond.

—–  

Register Now: https://us06web.zoom.us/webinar/register/1417322126393/WN_QFgJZ504Q7SqWcTo8InV7w

Turn uncertainty into opportunity. Join us on December 4^th at 10am PT/ 1pm ET for this can’t-miss event.