Business & Finance
Morgan Health CEO: Tech, GLP-1s, Labor Driving up Costs
Key Points
Jun 24th, 2026 Morgan Health CEO: Tech, GLP-1s, Labor Driving up Costs Dan Mendelson, CEO of Morgan Health, highlighted the disproportionate impact of rising health insurance costs on small businesses in the U.S., citing premium increases of 20-25% as a significant challenge. He explained that cost drivers include expensive new medical technologies like GLP-1 drugs and labor costs, which constitute about 70% of hospital expenses. He speaks with Romaine Bostick & Katie Greifeld on "The Close."
Jun 24th, 2026
Morgan Health CEO: Tech, GLP-1s, Labor Driving up Costs
Dan Mendelson, CEO of Morgan Health, highlighted the disproportionate impact of rising health insurance costs on small businesses in the U.S., citing premium increases of 20-25% as a significant challenge. He explained that cost drivers include expensive new medical technologies like GLP-1 drugs and labor costs, which constitute about 70% of hospital expenses. He speaks with Romaine Bostick & Katie Greifeld on "The Close."
[Image text:] ANNUAL INCREASE INHEALTH BENEFIT COST PER EMPLOYEE
7%
6%
5%
4%
3%
2%
2014
2016
2018
2020
2022
2024
2026
Note:Cost increase for 2026is estimated.
Source:Mercer
Bloomberg
The Close