Average proposed premiums for the individual market by 2015 are expected to rise, according to new analysis from advisory services company Avalere Health.
Based on the types of benefits that employers provide – or lack thereof – business owners may not be living up to the interest in the well-being of the people who work on their behalf.
The health reform law should be pushed back an additional year, Pennsylvania’s insurance chief recently advised, because of the higher costs small business owners will experience.
For the typical American family of four who have health benefits through their employer, their annual coverage costs average approximately $23,200, actuarial and consulting firm Milliman, Inc. found. That’s up 5.4 percent from 2013, or the equivalent of just under $1,200.
While many entrepreneurs have been able to put off addressing concerns about employee benefit management due to the mandate being postponed until 2015, that wasn’t enough to drive up sentiment significantly among small business owners.
Though business executives have always spent much of their time on improving employee benefits for their workers, in the past two years, their occupation with these components of their company has risen considerably.
For individual consumers or employees, there are a few tried and trusted suggestions for managing health care options that apply not just to the upcoming legislative changes but for almost any situation.
A leading official in the U.S. House of Representatives has expressed some concern as to how the Patient Protection and Affordable Care Act (ACA) will be paid for when its next round of mandates go into effect in January 2014.
