Tags: healthcare | insurance | obama

Study: Employees Will Pay For Healthcare Reform Costs

By    |   Monday, 23 Aug 2010 01:24 PM

A new survey shows that major companies expect the cost of their healthcare benefits to rise an average of 8.9 percent next year and plan to pass some of that on to their employees.
 
The National Business Group of Health polled 72 companies with payrolls totaling 3.7 million people.
 
Of the 8.9 percent increase, about 1 percentage point comes from the new healthcare law, Helen Darling, the group’s president, said at a press conference, Bloomberg reports.
 
And how much more will employees pay for health insurance? About that same 1 percent amount, Darling says.
 
So companies are effectively passing the costs of healthcare reform along to their workers.
 
About 63 percent of the companies surveyed will boost employees’ portion of the payment for health insurance premiums next year, according to the study.
 
And about 46 percent will lift workers’ maximum out-of-pocket costs.
 
Around 57 percent of companies had their workers pay a higher percentage of their premiums this year, and 36 percent raised their employees’ out-of-pocket maximums.
 
Meanwhile, Republicans continue to criticize the new healthcare law.
 
"Democrats argued that their massive health care plan would get the deficit under control, but we can see now that was simply smoke and mirrors," said Sen. Judd Gregg, R-N.H., the ranking Republican on the Senate Budget Committee.

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A new survey shows that major companies expect the cost of their healthcare benefits to rise an average of 8.9 percent next year and plan to pass some of that on to their employees. The National Business Group of Health polled 72 companies with payrolls totaling 3.7 million...
healthcare,insurance,obama
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2010-24-23
Monday, 23 Aug 2010 01:24 PM
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