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Healthcare costs for employer-sponsored insurance plans are likely to increase next year. But just how much is still a very open question thanks to the COVID-19 pandemic. A new report from PwC, also known as PricewaterhouseCoopers, offers three scenarios to determine the medical cost trend for 2021 for employer-based insurance plans, with increases ranging from 4% to 10%. Medical costs are critical for insurers to figure out as they formulate plans for next year, but COVID-19 has thrown any projections asunder.
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