But don’t look for a premium reduction or even no increase in premiums.
BECAUSE premiums must be set for the next 12-18 months and guess what? Chances are pretty good that pent up demand for health care will be released in 2021.
“A global pandemic did what no health expert or innovation has been able to do in decades,” Aon declares. Its survey of health insurance carriers shows the pandemic significantly lowered health care spending costs compared to original 2020 projected levels for most U.S. employers that pay employee medical, dental and vision claims through carriers.