Survey Quantifies Concerns Regarding Rising Healthcare and Insurance Costs

A new survey conducted by the National Association of Manufacturers (NAM) and IndustryWeek finds, among other results, that manufacturers’ optimism looking ahead to 2015 and beyond is tempered somewhat by rising healthcare costs. Those rising costs are noted as the top business challenge facing U.S. manufacturers.

Key survey findings:

• More than 77 percent of manufacturers identify rising healthcare and insurance costs as their most important challenges.

• More than 85 percent of respondents expect that their healthcare costs will increase by at least 5 percent.

• More than half expect to increase healthcare copays and deductibles (55.8 percent) and/or increase the share of premiums paid by employees (54.4 percent).

Technologies: Safety

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