Anna Wilde Mathews

speaker

275 appearances 5 recordings 1 series first heard Aug 2017 last heard Sep 2023

Anna Wilde Mathews’s voice in public audio — every appearance, attributed to the second.

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WSJ Your Money Briefing · Health-Insurance Costs to Rise 6.5% or More Next Year · 8 Sep 2023 podcast

make it less appealing to new hires or to people they have now who might have other opportunities.

But that said, if you're paying a certain percentage of the premium and the overall cost of the insurance goes up, even if your employer does not increase the share that you're paying, the amount that you're paying goes up because it's the same percentage but of a

Well, it does depend.

The predictions that we were looking at in this story are really about 2024.

And a lot of employers are on a sort of calendar year pattern with their health plans so that it would kick in 1-1 of 2024.

And you'll see that because a lot of people have open enrollment right now in the fall, picking or at least learning about their health package for next year on 1-1.

That said, a good share of employers are on different cycles.

So some have already moved into their 2024 health package, and maybe it started like July 1st or some other time.

But a lot of them will see things starting 1-1 of 24.

Well, it'll vary a lot.

That's one thing to keep in mind.

We're reporting here on averages.

It depends hugely on what type of health plan your employer has.

It might depend on where you are in the country or what's going on with the hospital systems in your area.

For instance, since a big driver of this appears to be higher rates that the hospital systems are achieving, if the big system in your town has not renegotiated their contract yet, you may not see it yet.

So we do have an analysis from KFF, which is a nonprofit health research entity, and they were showing increases of about 6% on average for next year, and that would come on top of increases of about 7% this year.

It is driven by some of the same factors as the employer market sees, sort of inflationary pressures from the providers and from

the cost of drugs, but maybe to some degree it kicked in a little earlier in that market.

That market also has other factors that can increase it.

WSJ Your Money Briefing · How to Appeal When Your Health Insurer Rejects a Claim · 28 Jun 2023 podcast

When you call, you should take notes.

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