Health insurance for one employee to cost more than $14K in 2018 stat : Fox Business

Large U.S. business owners will be required to pay higher prices in order to provide health insurance coverage to their employees, a new study shows. Continue Reading BelowAccording to an annual survey by the National Business Group on Health, the cumulative cost of providing medical and pharmacy benefits is expected to rise 5% in 2018 – up for the fifth consecutive year. While employers will cover 70% of those costs, according to the survey employees could be responsible for about 30% – or $4,400 each in 2018. Increasing pharmacy costs were followed by high cost claimants and specific diseases or conditions. Where other cost control mechanisms are concerned, companies have increasingly adopted new strategies to make health care more affordable, including telehealth services, Centers of Excellence and Accountable Care Organizations.




We learned health insurance reforms we enacted earlier this year could end the four-year long trend of double-digit insurance premium increases since the implementation of Obamacare and MNsure in Minnesota. If approved by the federal government, Minnesota's Premium Security Plan will result in significant premium decreases for tens of thousands of Minnesotans. A reinsurance program is something we can do here in Minnesota to regain control of the overwhelming increases in health insurance costs since the advent of Obamacare and MNSure. While there remains a logjam on action in D.C. on health care insurance reform, we are doing what we can here in Minnesota to resolve this issue. Vandergoot will lead a small group of biologists that will review current walleye management practices on Mille Lacs.

Health insurance is at crisis stage nationwide

By Andy MetzgerState House News ServiceBOSTON -- Without action by the Trump administration, Iowa's last insurer on the individual health exchange will leave, a Hawkeye State Republican warned policymakers Tuesday. "These people will have no health care," Rep. Dave Heaton said, referring to the farmers, early retirees and small businesspeople who rely on the individual insurance market established by the Affordable Care Act. Charlie Baker is also seeking federal approval for changes to the state's health insurance programs, moving roughly 140,000 adults off of Medicaid and onto subsidized health plans offered by the Health Connector. President Donald Trump, who has pushed for congressional action on health reforms, has predicted that Obamacare will "implode." "If we do not get our 1332 accepted, they will be forced to leave," Heaton said after the discussion held at the Boston Convention and Exhibition Center.


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