updated 2/22/2010 1:06:48 PM ET 2010-02-22T18:06:48

A new study says health care costs for large employers will rise more than 6 percent this year, and more companies are thinking about revamping their benefits.

A total of 83 percent of companies surveyed say they have either revamped their health care strategy or expect to do so in the next two years.

This can mean switching plan designs or an increasing employee payments among other big changes.

The study from benefits consultant Towers Watson says this year's increase in the cost companies pay to administer health plans and pay claims is down slightly from 2009's 7 percent hike.

Towers Watson surveyed more than 500 employers from November through January. Each had more than 1,000 employees.

© 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Discuss:

Discussion comments

,

Most active discussions

  1. votes comments
  2. votes comments
  3. votes comments
  4. votes comments

Data: Latest rates in the US

Home equity rates View rates in your area
Home equity type Today +/- Chart
$30K HELOC FICO 3.79%
$30K home equity loan FICO 4.99%
$75K home equity loan FICO 4.69%
Credit card rates View more rates
Card type Today +/- Last Week
Low Interest Cards 13.83%
13.79%
Cash Back Cards 17.80%
17.78%
Rewards Cards 17.18%
17.17%
Source: Bankrate.com