No Cure Seen for Growth in Employers&#39; Health Costs
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The growth in health care spending by private employers slowed in recent years, creating some optimism that the employers had turned the corner in their struggle with rising costs.
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Most U.S. employers are planning to  further scale back health benefits offered to retirees, as  companies struggle with the upward march in the cost of medical  care and weigh increased contributions from government&#039;s  Medicare program, a survey found.
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Employers watched their health insurance premiums jump 11.2 percent in 2004, lower than last year&#39;s hike of nearly 14 percent but about five times the rate of inflation and the increase in workers&#39; earnings, according to a closely watched annual survey of
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In the debate over what to do about the growing number of working people with little or no health insurance, no company may be taking more heat than the United States&#39; largest employer, Wal-Mart Stores.
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Workers in small businesses are less likely to receive health insurance from their employers, as premiums rose by 11.2% over the last year.
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The economic expansion that began six years ago has failed to benefit most workers, according to a report from the nonpartisan Economic Policy Institute, released Monday.
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The cost of employer-provided health insurance rose 6.1 percent this year, the smallest jump since 1999 but still well above the increase in wages and consumer prices, according to an annual survey released yesterday by the Henry J. Kaiser Family Foundation.
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Employers&#39; healthcare costs are expected to increase by an average of 11.3 percent in 2005, which outpaces inflation but is lower than 12.
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As many of the nationâs largest employers struggle to control rising retiree health costs, they are asking their retirees to pay more and plan to do so again in 2005, according to new survey results.
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So far employers and their workers have been slow to accept health savings accounts as an alternative to conventional health insurance.
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It's a classic pocketbook issue. Since 2000, federal employees have been able to pay their health insurance premiums on a tax-free basis. Many federal retirees think they should get similar treatment.
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Aug. 19 (Bloomberg) -- Democratic presidential candidate John Kerry&#39;s campaign said health care costs are suppressing job creation, citing a study that will be used to promote his proposals to help companies reduces costs.
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Health plan costs are expected to rise at a slightly faster rate in 2008, after three years of flat growth, according to preliminary results of a new survey.
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GM's plan to reduce health care costs are a sham aimed at placating labor that won't do either.
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Health insurance premiums for federal employees will increase by an average of 1.8 percent next year, the lowest annual increase in the government's employee program since 1997.
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The increasing cost of health insurance is putting coverage out of reach for many small to midsize companies and their workers, even though the rise in premiums this year was the lowest increase in eight years.
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Experts say rising health insurance costs are causing problems for start-ups and keeping some would-be entrepreneurs from starting businesses.