Kansas City Mo. Bosses Reel workers by health insurance Sticker Shock
Richard Jenkins, owner of centrifuge Jenkins Co., North Kansas City, spent a nasty surprise April, where he received his renewal to the legal category of health insurance.
“I, powerless,” said Jenkins, whose company has 28 employees, including yourself. “I was dismayed. It was about $ 200000, and he went up to $ 260000 bonus.
Jenkins’ dismay is widely shared, as employers and workers across the country, the role of the width labels health insurance shock. The thrust is on the air this fall, as more coverage for companies to renew next year.
According to a national study released earlier this month, health insurance premiums for consumers, supported by employer plans jumped an average of 13.9 per cent in the year 2003 the largest increase since 1990.
And if employers are not dropping coverage in general, most of the disclosure of higher costs for employees, after the 2003 Annual Employer Survey of health benefits by the Kaiser Family Foundation and Health Research and establishments ‘Education Trust.
“It’s Deja Vu all regularly,” said Mark B. Whiting, one of the largest in Kansas City office of Mercer Human Resource Consulting.
Whiting expects that the average cost of subsidy for large employers in the Kansas City area up to 15 percent in the coming year, roughly the same as this year.
“The pain has continued and even intensified, Kansas City and to feel an effect rather than much of the rest of the country,” he said.
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