Health Insurance Costs Continue to Grow
Can you afford to provide health-care for your employees? As health-care costs continue to rise to record highs more and more employers cannot.
Over the past year the cost of providing health insurance spiked 9%. The Kaiser Family Foundation/Health Research & Educational Trust 2011 Employer Health Benefits Survey, released last week, found the average cost of family health-care coverage is now $15,073. The survey reported that employers end up paying $10,944 of that cost.
“This year’s 9% increase in premiums is especially painful for workers and employers struggling through a weak recovery,” said Kaiser President and CEO Drew Altman, Ph.D.
The cost of providing employees with health-care is higher than ever. With the poor economy many employers struggle to or cannot continue to offer health insurance. Are you still providing your employees with health benefits?