September 14, 2014

THE WAGES OF DEFINING THE CONTRIBUTION INSTEAD OF THE BENEFIT:

In Employer Health Insurance Costs, Stability Is the New Normal (DREW ALTMAN, 9/12/14, WSJ)

Employers have complained for years about their rising health-care costs. But over the past decade, as the chart above shows, premium increases for employer health insurance have moderated sharply and stabilized. Premiums for family policies in the group market grew 72% between 1999 and 2004; 34% between 2004 and 2009; and 26% between 2009 and 2014. Even as premium growth moderated, health insurance costs still outpaced inflation and wage growth. But this year premiums grew 3%, about the same rate as wages and inflation. Despite fears that premiums would rise in the group market because of the Affordable Care Act, they have remained stable.

Posted by at September 14, 2014 7:45 AM
  

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