Large employers recently surveyed have calculated that their health insurance premiums will rise at least none percent due to ObamaCare rules and regulations, this on top of standard rate increases caused by over-utilization as an example. Most large employers are self-funded, that is, they are technically the health insurance company, with a third party administrator handling […]
White Castle just announced that 55% of it’s net income in 2014 will be eaten up by increased costs, fees, and fines thanks to ObamaCare. The company now pays 70%-85% of the employee health insurance premium. ObamaCare forces employers that don’t pay at least 90.5% of the premium to pay a $3000 penalty per employee. White […]
The accounting firm of Price Waterhouse interviewed 700 actuaries and employers, asking if they planned on raising their group health insurance premiums, or expected a rise in costs in 2011, https://higginscompanies.com/faq/group-health-insurance-faq%e2%80%99s/. The report suggests that premiums will rise by 9%. For the first time ever deductibles will be $400 or higher. Still seems very low […]
