Dan Mendelson, CEO of Morgan Health, says health insurance premiums in the U.S. are rising by 20-25%, hitting small businesses hardest. He identifies costly new medical technologies like GLP-1 drugs as major contributors. Additionally, labor expenses account for roughly 70% of hospital costs, driving up overall healthcare spending.
Tech & GadgetsTechnical Deep Dive
Morgan Health CEO Highlights Tech and Labor as Key Drivers of Rising Health Costs
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EElectricBuzz Editorial Team
1 min read48 wordsElectricBuzz Editorial Team
The Gist
“Dan Mendelson of Morgan Health points to expensive new drugs and labor costs as main reasons behind rising U.S. health insurance premiums.”
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