East Coast Health Insurance

East Coast Health Insurance
Florida Health Insurance

Florida Health Insurance News

Wednesday, October 21, 2009

Health Insurance Premiums Go Up, Employer Contributions Go Down Florida Health Insurance News

Fewer than half of employee benefit plan sponsors say the money they pay toward workers’ benefits has increased this year. So even though health care costs have gone up about 10% this year you won't be getting to keep your health insurance plan. Your benefits on average have declined as your employer, unless they shopped for a new plan till they found something much cheaper, kept the premiums the same and thus lowered your benefits by most likely raising your deductible.

Now if you are healthy no big deal, but if you have medical situations come up routine or otherwise you can look forward to spending more of your own money on medical costs. That is like getting a pay cut. Not to mention the inflation that is most likely also going to cut your salary as the dollar weakens against gold.

From: http://echealthinsurance.com/blog/employers-keep-premiums-stable/

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