Health-care costs continued to rise for families in the Southeast, according to a survey by Lynchburg-based Scott Benefit Services.
The company’s 2016 Mid-Market Benefits Benchmarking Survey found that health-care costs in the region increased for a family of four for the ninth consecutive year, with medical expenditures up 8 percent in Virginia and 10 percent in North Carolina.
Annual health-care costs nationally rose to $25,826 for a family of four in 2016. That cost is expected to hit $30,632 by 2020.
The survey found that an increasing number of employers are using high-deductible health plans (HDHPs) to better manage financial risks.
