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Thayer Partners Blog

Why the Cost of Health Insurance Is a Strategic Priority

[fa icon="calendar'] Apr 29, 2016 9:00:00 AM / by Chris Wilmerding posted in Cost of Health Insurance

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You know that offering a health plan has its advantages: it’s is a great way of improving morale and boosting your recruitment and retention efforts. But year after year, your cost of health insurance increases. The “trend” in the industry is about a 7% increase for health plans each year due to healthcare inflation. This can make your health plan renewal your least pleasant meeting of the year.

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