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riderinthestorm

(23,272 posts)

8. Watch out as even more employers drop health insurance coverage for employees. Its already happening

Sat Mar 31, 2012, 08:25 PM

Mar 2012

snip

The survey finds over the last decade, premiums for employer-provided health insurance have jumped by 153 percent. The proportion of companies that offer coverage has fallen by more than 13 percent in the last two years alone.

The California Association of Health Plans maintains insurer profits are not to blame for the rise in premiums. But Doug Heller, with the non-profit group Consumer Watchdog, disagrees.

"That money's goin' somewhere, and you and I and everybody knows it's not stickin' in our pockets, it's goin' right to their bank accounts," Heller argued. "Their premiums have gone up five times faster than inflation. It doesn't make sense, and it's gotta stop."

http://www.kpbs.org/news/2012/jan/05/rising-health-insurance-premiums-causing-more-empl/

And this article is from January. I think there's going to be a snowball effect as more increases occur and more companies bail....

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wave of health insurance premium increases coming soon [View all] Liberal_in_LA Mar 2012 OP

It's like they're *trying* to push us to the breaking point Duer 157099 Mar 2012 #1

They'll keep pushing until their profits flatten. I know we have all of the RKP5637 Mar 2012 #3

They have to. That's what most don't understand. kenny blankenship Mar 2012 #17

That's an excellent and insightful post, kenny. Uncle Joe Apr 2012 #21

^^^ this ^^^ easttexaslefty Apr 2012 #22

The breaking point came for me ohheckyeah Mar 2012 #2

Welcome to the health insurance industry health care "reform". Better Believe It Mar 2012 #4

Shrug. Whatchya gonna do? Nt xchrom Mar 2012 #5

What about moving to Vermont? flamingdem Mar 2012 #6

Nice. But not financially viable right now. Nt xchrom Mar 2012 #14

You could take a class in cow milking flamingdem Mar 2012 #15

Universal Healthcare is an eventuality. nt onehandle Mar 2012 #7

Watch out as even more employers drop health insurance coverage for employees. Its already happening riderinthestorm Mar 2012 #8

Yep, most corps. are going to bail on healthcare, eventually, IMO. n/t RKP5637 Mar 2012 #10

They will take with them a huge chunk of my savings flamingdem Mar 2012 #12

Let them bail. Skidmore Apr 2012 #18

I agree but the short term pain will be unimaginable for so many people. riderinthestorm Apr 2012 #19

Leagalized robbery libtodeath Mar 2012 #9

WHEN have they EVER gone down? Serious question. Has anyone's insurance premiums ever gone uppityperson Mar 2012 #11

I was about to make the same point. WHEN CRABS ROAR Mar 2012 #16

This headline is misleading. RadiationTherapy Mar 2012 #13

I just thought of something about insurance and medical care. Medicare D and even many other jwirr Apr 2012 #20