Paul H. Flowers Jr.Senior Business Consultant, Superior Insurance Advisors, LLC · 2024 Hot 100 honoree. 2026 Health Value Award. Fiduciary process documented. 30 to 40 percent health-plan savings for 100 to 2,000 employee CFOs. 3x number one bestseller.

Employer Health Care Expenses

9 Apr 2025 · 0 min

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In this brief excerpt, the speaker addresses an audience of current and former employers and employees, highlighting that employer-sponsored healthcare costs have risen dramatically. Over the 24‑year period from 1999 to 2023, the second‑largest expense for employers—healthcare—has quadrupled, indicating a steep and rapid increase that affects both employers and employees alike.

Well, for many of you who are employers in the room and/or have been employees at some point, that means your healthcare costs are going up. So they're going up not just a little bit, right? They're going up a lot a bit. And then seemingly in a very small amount of time, from 1999 to 2023, that's 24 years. Who's been outta high school for at least 20 years? A lot of us have been outta high school that long. And in just that amount of time, the second largest expense for employers has quadrupled.