But many won’t be able to take drastic cost-cutting measures until 2028 at the earliest, the Business Group on Health's president and CEO said.

Employers cover more than 80% of the burden, but employees will also be hit by rising costs, an Aon report found.

But many won’t be able to take drastic cost-cutting measures until 2028 at the earliest, the Business Group on Health's president and CEO said.