Will insurance exchanges eliminate employer-sponsored coverage?
October 30, 2012
Small group plans set the tone
October 31, 2012
Show all

Increase in benefits costs in FL

The Employer Health Benefits Survey revealed the majority of public employees will see an increase in their health insurance costs next year – an average of 4 percent in Florida. While it may seem like a significant uptick, each year for the past decade premiums have grown 10 percent or more for the average employee.

Conducted by the Kaiser Family Foundation and Health Research & Educational Trust, the survey explained that the minor increase in cost should not derail workers from evaluating their benefits packages each year to ensure their needs are met.

In light of the healthcare reform law, many health insurance providers are changing what is offered in their policies, and many employer-sponsored benefits packages will be affected as a result. Rather than automatically re-enrolling in the same plan as the year before, employees are encouraged to review the coverage and think of the effects the plan will have now and in the future.

While the healthcare reform law is placing greater demands on employers and health insurance providers, it is guaranteeing certain benefits for employees and loved ones. For example, coverage for adult children on family plans and preventive screenings for women must now be offered under the Patient Protection and Affordable Care Act.

Share this:
Erin Woulfe
Erin Woulfe
Erin Woulfe likes to write about things that matter. Keeping her finger on the pulse of what’s happening in the public sector world, she blogs about the latest legislative news and employee benefit trends that affect our school, city and county clients. She’s been with NIS since 2002. “I love connecting to our clients and providing them with the tools they need in order to administrate their plan,” says Erin. “Whether that be materials to educate their employees on certain benefits, how to effectively communicate change within an organization or just providing tips and how-to’s to help them make their job easier.”

Leave a Reply

Your email address will not be published.