A recent survey of employers conducted by Mercer has revealed that the costs for businesses in the UK providing benefits such as employee health insurance to workers has increased by nearly 5 per cent in the last year. These increased costs are the largest seen throughout Europe.
Inflation on medical services has been attributed with the blame on the price rise of employee health insurance plans in the UK. New advances in medical science and treatments have also contributed to the price hike. There are also a greater number of claims being processed by Insurers. Many people who would not always claim for everything are now trying to make the most of their premium in such difficult economical times.
The majority of employers in the UK do not ask for any employee contributions and therefore take the full brunt of these costs.
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