Penelope
Diamond Member
- Jul 15, 2014
- 60,265
- 15,790
- 2,210
In 2002 and remember most people with pre existing conditions were not even able to touch or have insurance.
If one lost their job, they were without, and employers wanted only young and healthy people. Now you can look forward to the return of those days.
If one lost their job, they were without, and employers wanted only young and healthy people. Now you can look forward to the return of those days.
Employers are bracing for their third year in a row of double-digit increases in health care costs, according to industry consultants and analysts. The sharply higher costs could lead many employers to offer fewer health plans, reduce what they cover or shift more costs to employees.
Companies will probably face average increases of 12 to 15 percent in 2003, compared with a projected increase of 12.7 percent this year, according to preliminary estimates from Mercer Human Resource Consulting, based on early discussions some employers are having with insurers.
But costs for some employers will rise much more sharply. The California Public Employees' Retirement System, known as Calpers, announced yesterday that premiums for the health maintenance organizations it uses would increase an average of 25 percent and premiums for other plans would rise around 20 percent.
Hard Decisions For Employers As Costs Soar In Health Care