Healthcare Cost Inflation Has Decreased After Each of the Last 3 Recessions.
After the 2008 - 2009 Recession, Healthcare Cost Inflation Fell from 2010 - 2013.
After the 2001 Recession, Healthcare Cost Inflation Fell from 2002 - 2005.
After the 1990 - 1991 Recession, Healthcare Cost Inflation Fell from 1994 - 1997.
The Decrease in Inflation Has Lasted 4 Years Each Time.
Implications:
1) Employer Interest in Cost-Containment Strategies is Counter-Cyclical.
2) The Window for Employer Action After a Recession is Approximately 4 Years.
3) Having an Effective Healthcare Cost-Containment Solution for Employers is NOT Enough. It Must Be Proposed at the RIGHT TIME.
Sources:
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