Words to Remember
The Crisis Is Always Late 🧠
“The crisis takes a much longer time coming than you think, and then it happens much faster than you would have thought.”
Why we ran it
Employers forecast an 11 percent rise in benefit costs by 2027 if no changes are made, with even a planned 8.2 percent increase marking the highest since 2003. Nearly two-thirds of employees stuck with low-deductible plans that never offered better value in a major study, with only 23 percent switching after reviewing costs. Dornbusch was an economist known for explaining how mounting pressures become obvious only after rapid change starts.
From the October 9, 2026 issue: Don't Put Your Health Plan On Autopilot →