November 15, 2012
DEFINING THE CONTRIBUTION:
Costs of employee health benefits rose just 4.1 percent in 2012 (DIANE STAFFORD, 11/14/12, The Kansas City Star)
The cost of employee health benefits in 2012 grew just 4.1 percent nationally, the smallest increase in 15 years. [...]Twenty-two percent of all employers offer consumer-directed plans, and the percentage leaps to 59 percent among the largest employers.An employer's cost of coverage in a typical consumer-directed plan is about 20 percent lower than the cost of providing employee access to a more traditional Preferred Provider Organization plan, the Mercer report said.Nearly half of employers, 45 percent, said they now had or were considering using a defined contribution plan that would require their employees to pay anything above the employer's set contribution.
Posted by Orrin Judd at November 15, 2012 5:38 AM