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Family insurance costs skyrocket 14%

http://money.cnn.com/2010/09/02/news/economy/kaiser_employer_benefits_report_2010/index.htm

by chailatte • 16 years ago

5 3 16 years ago

MO

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3

CWuestefeld• 16 years ago

They say employees could see even higher costs in their plans come open enrollment for 2011.

I just got the notice this morning from my HR department. They say that company contribution as a percentage of cost will remain constant (the company is subsidizing 90% for employee-only coverage). However, the actual rate is increasing 12%, so the employee contribution is also increasing 12%.

The notice explicitly stated that the increase in cost is due to expanded coverage as required by the Affordable Care Act.

shrnky• 16 years ago

Hello Obamacare :)

ahi• 16 years ago

5 to 10% seems the historical average. http://www.usatoday.com/money/industries/health/2009-09-15-i...

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