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Story perspectives

Employers Brace for 9% Healthcare Cost Surge in 2026

8/20/2025

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Story summary
  • Employers expect a 9% rise in healthcare costs for 2026, the highest in over ten years.
  • Increased spending on GLP-1 drugs, cancer treatment, and mental health services drives these costs.
  • Many employers may transfer more costs to employees and reduce coverage for expensive medications.
  • The survey involved 121 employers covering 11.6 million people, indicating significant effects on U.S. workers.
  • Potential changes to government programs could further affect employer-sponsored plans.