Health care costs expected to rise 5.7% in ‘09

Source: Associated Press (USA Today)

Get ready for another hike in copays and deductibles.

A survey out Thursday from the Mercer consulting firm found that 59% of companies intend to keep down rising health care costs in 2009 by raising workers’ deductibles, copays or out-of-pocket spending limits.

On average, health care costs will go up by an estimated 5.7% next year for both workers and their employers, the study found. That follows this year’s 5.7% hike and a 6.1% jump in 2007.

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