Managed Care Business Week
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PricewaterhouseCoopers Health Research Institute
Survey shows rising healthcare costs cut into profits of large U.S. businesses
August 16th, 2005
Half of large U.S. companies said that increased healthcare costs have contributed to slower profit growth over the past 12 months and, as a result, more than three-quarters said they may ask their employees to pay a greater share of health insurance costs. The findings were from a survey of 150 top executives at large, U.S.-based multinational companies released by PricewaterhouseCoopers Management Barometer and the firm's Health Research Institute. One in four companies said double-digit healthcare cost increases may force them to lower wage increases for employees, and one in five expects to slow hiring of new permanent employees in the year...
Source: Managed Care Business Week (2005-08-16)
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