Hub forecasts up to double-digit increases in benefits costs for 2026


Chronic conditions and pharmacy costs

Growth in chronic conditions, including musculoskeletal and cardiovascular diseases, as well as high-cost conditions like cancer, are also contributing to the escalation in medical costs. These factors, combined with higher prescription drug spending and increased demand for therapies such as GLP-1 medications for diabetes and obesity, are driving the upward trend in employer health care spending.

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