Rising cost of employer-sponsored healthcare cutting into worker wages, study finds

KATHLEEN STEELE GAIVIN JANUARY 17, 2024

Employers are paying more for healthcare insurance, and the costs are cutting into wages and contributing to growing income inequality. That’s according to research published Tuesday in the Journal of the American Medical Association.Indeed, as the McKnight’s Business Daily previously has reported, healthcare costs reached a historic high in 2023, according to Willis Towers Watson’s Global Medical Trends Surveyhttps://www.mcknightsseniorliving.com/home/news/business-daily-news/rising-cost-of-employer-sponsored-healthcare-cutting-into-worker-wages-study-finds/