Rising medical expenses are causing, well, some side effects.
The majority (71%) of employees have experienced a 5% increase in medical costs in the last year, and 22% saw an increase of 15% or more, according to a new study from Prudential Group Insurance.
There’s also a disconnect between how employers and employees feel about the price hikes: 75% of employers think they’re doing enough to help mitigate rising medical costs, while just 46% of employees agree.
https://www.hr-brew.com/stories/2026/05/11/rising-healthcare-costs-are-prompting-hr-to-rethink-benefits-strategies?utm_source=&utm_medium=syndication&utm_campaign=feed