Family insurance costs skyrocket 14%(money.cnn.com)
money.cnn.com
Family insurance costs skyrocket 14%
http://money.cnn.com/2010/09/02/news/economy/kaiser_employer_benefits_report_2010/index.htm
3 comments
Hello Obamacare :)
5 to 10% seems the historical average.
http://www.usatoday.com/money/industries/health/2009-09-15-i...
I just got the notice this morning from my HR department. They say that company contribution as a percentage of cost will remain constant (the company is subsidizing 90% for employee-only coverage). However, the actual rate is increasing 12%, so the employee contribution is also increasing 12%.
The notice explicitly stated that the increase in cost is due to expanded coverage as required by the Affordable Care Act.