Federal workers in New York are more than angry as they enroll in plans slated to go into effect this January. While they were warned of a 10 percent increase in their insurance premiums, they have been shocked by the increase in Universal Healthcare’s premiums overall, which translates into nearly double what they were paying before. More are angry over a change in Blue Cross’s policies which instead of paying 25% for surgeries and procedures out of network, they will now have to pay 100%. Experts in the area say that workers across the board are angry and feel betrayed, as well as fearing an inability to pay for their health care. How will workers deal with these huge increases in premiums? Are companies proactive in looking for a solution to lower their health benefit costs? Has your company tried an employee wellness program to help prevent sickness within your employee group?

This entry was posted on Monday, December 29th, 2008 at 11:58 am and is filed under Employer Provided Health Insurance. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “Employee Benefits Cost Soar in 2008”

  1. John English on December 30th, 2008 at 5:50 pm

    What is the best way for an employer to save money on health insurance premiums? I have a company with about 100 employees and my broker shops it every year. We have been seeing a 20% increase on a consistent basis. Is there a way to fix this?

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