Cost of Health Care Benefits
According to a 2004 National survey of Employee -Sponsored Health Plans, which Mercer Human Resource Consulting released in April, the latest increase in employer health benefit cost is the lowest since 1999.An even lower increase is likely for 2005 and is grounds for “cautious optimism,” noted the report. Employers predict a 10 percent cost increase to their medical plan under their current vendors, but only a 6.6 percent overall cost increase if they alter their plan through design changes, dropping a plan or negotiating with or changing vendors.
It is important for employers to review their current plans and make sure these plans are meeting their employees needs. For more information on this topic go to website: Society for Human Resource Management.
posted by Mike @ 8:00 AM
1 Comments:
Great blog I hope we can work to build a better health care system. Health insurance is a major aspect to many.
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