Tag: medical expenses
![Stethoscope and wooden blocks shaped like people on a blue background](https://crr.bc.edu/wp-content/uploads/2024/03/Stethoscope-and-wooden-blocks-shaped-like-people-on-a-blue-background.jpeg)
The rising cost of employer contributions to employer-sponsored health insurance (ESHI) can slow wage growth and erode the Social Security wage base. Both these effects were evident in the decades before 2005, as ESHI increased as a share of compensation. Fortunately, the ratio of ESHI contributions to compensation plateaued after 2005, stabilizing wages and halting…
![healthcare stats and reports on the table with a stethoscope on top](https://crr.bc.edu/wp-content/uploads/2024/03/healthcare-stats-and-reports-on-the-table-with-a-stethoscope-on-top-1536x1024.jpeg)
Good news for wages and Social Security tax base, but will costs stay flat? Health care costs are a large and growing share of the nation’s GDP. One way those costs feed into the general economy is through employer contributions to employer-sponsored health insurance (ESHI). Economists generally assume that the costs of employer benefits –…