Los Angeles Employment Lawyer

by the Los Angeles Labor Attorney Perry Smith

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Employers’ Health Insurance Costs Set to Rise

June 23rd, 2008 · No Comments

The cost to employers who provide health insurance to their employees is increasing at an alarming rate, according to a recent study conducted by PriceWaterhouseCoopers, LLP, an industry research firm.

A number of factors, including rising hospital fees, underfunding of public health programs, a growing number of uninsured Americans, and high prescription drug prices, are set to contribute to an expected 10% increase in health care costs for employers - nearly double the expected rate of inflation.

As health care costs go up, many employers are beginning to consider scaling back on their sponsored insurance policies, passing more costs onto employees, or eliminating the programs altogether.

For more information on issues relating to employee’s rights, contact Los Angeles employment attorney Perry Smith at 888-356-2529 today.

Tags: Los Angeles employee rights lawyer · Los Angeles employment law attorney · Los Angeles job safety lawyer · Los Angeles wrongful termination attorney

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