Healthcare Spending Projected to Spike by Nearly 8 Percent in 2027

With the season for negotiating annual contracts with health insurers and providers nearly at hand, U.S. companies are forecasting an average 7.7 percent rise in their healthcare costs for 2027 before making any changes to plan design.

In the annual “Pulse of the Purchaser” survey by the National Alliance of Healthcare Purchaser Coalitions, executives for a third of the 408 participating companies pegged next year’s cost increase at 9 percent or more.

As usual, fully insured employers are in the worst position looking forward. Almost half of them (45 percent) said they expect cost hikes of at least 9 percent, compared with 37 percent of self-insured employers who expected the same. The best outlook, by a wide margin, was for those with a mixed funding approach, only 23 percent of which foresaw an increase that large.

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