Saturday, November 10, 2007

Soaring Costs Affect Employers And Employees Health Insurance

We’ve all been hearing about it when we watch the news reports and read about it in newspapers. If you are a running a business, you’ve likely felt the impact of rising health insurance premiums on your company.

If you’re an employee Health Insurance, you’ve likely noticed your payroll deductions for health insurance increase and your deductibles, co-payments, and out-of-pocket amounts move higher as well Health Insurance.

Health insurance costs have continued on an upward climb nationally, and here in southeastern Wisconsin we seem to be getting hit especially hard.Health Insurance It is expected that health care may account for as much as $1 out of every $5 spent in the United States in another decade. The actual cost of health insurance is projected to rise even more quickly during that same time period at about 6.4 percent annually Health Insurance.

Over the coming decade, spending on health care will continue to outpace the overall economy Health Insurance,Mark McClellan, an analyst who used to oversee the Medicare and Medicaid programs, said greater spending on health care has its benefits Health Insurance.

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