Employers are preparing for a substantial increase in healthcare costs, with projections indicating a daunting rise of up to 10% next year, marking the largest hike in over a decade. Key factors driving this inflation include the rising demand for GLP-1 medications and advanced cancer therapies. As healthcare inflation threatens to undermine U.S. competitiveness, employers are exploring options to manage the financial strain, including potential reductions in employee benefits. Surveys indicate widespread concern among employers about these impending costs and their impact on both personal and corporate financial planning.