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Health Care Costs Continue Double-Digit Pace, But May Start Moderating in 2004

U.S. health care cost increases continued to escalate at a double-digit pace in 2003, but there are indications that rate hikes may begin moderating as early as next year, according to global HR outsourcing and consulting firm Hewitt Associates (NYSE: HEW). For 2004, Hewitt is projecting a 12.6 percent average increase for employers, which is lower than 2003's 14.7 percent rate.

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Source:wistechnology.com By WTN News 10/14/03


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