Survey – Cost Management Activities Continue to Be Effective
Michael Browning January 21, 2009
A recent survey of 609 Fortune 1000 companies showed that those companies that focused on cost-containment and employee engagement will spend an average of $1,200 less than other companies on health care in 2009.
The average cost per-employee will rise to $9,552 in 2009. Retiree health care costs continue to be an issue for these companies. While only 33% of companies anticipate playing a major role in their employees’ health care during retirement.
These figures once again show the strategic advantages that can be obtained by actively controlling your company’s health care costs.
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