2014-03-11 07:23:01 - Health & Welfare Funds in the US - Industry Market Research Report - a new market research report on companiesandmarkets.com
Health & Welfare Funds in the USA consistent increase in healthcare expenditures (i.e. medical cost inflation) has driven growth over the past five years; firms have had to consistently raise premiums and increase reserves to ensure healthcare liabilities are properly funded. However, revenue growth has been offset by a steady decline in the number of health and welfare funds. Despite proposed healthcare reforms, health expenditures are expected to continue being the main driver of industry revenue growth over the next five years.This industry is composed of legal entities (i.e. funds, plans and programs) that provide medical, surgical, hospital, vacation, training, and other health and welfare related employee benefits exclusively for the sponsor’s employees or members. Unlike private insurers, insurance funds
operate for the benefit of members and their sponsors, not shareholders.This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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