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The Boston Globe

Business

Employers face jump in health insurance costs

WALTHAM — Bucking marketplace changes aimed at making health care more affordable, the cost “trend” driving what Massachusetts employers are charged for insurance is expected to climb 5 to 8 percent this year, insurance executives told an employer group Thursday.

That is substantially higher than the state’s target of capping increases in total medical spending at 3.6 percent, a benchmark established last year to bring costs in line with the projected rate of annual economic growth in Massachusetts.

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