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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Results of the 2014 Global Medical Benefits Trends Survey
Towers Watson May 15, 2014 "The average medical trend was 7.9% for 2013 and is projected to be slightly higher for 2014. More than half of health insurers in all regions anticipate higher or significantly higher medical trend over the next three years. Globally, there is more consistency among the medical conditions causing the highest prevalence of claims (e.g., cardiovascular disease, cancer) than in the past, although there are a few notable differences by region. Traditional methods of cost management still dominate globally; however, health promotion and well-being programs are growing in availability and prevalence." |
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