Despite the healthcare reforms implemented under the federal Patient Protection and Affordable Care Act, 90% of employers are facing increases in the premiums they pay for employee health plans. And nearly 25% of employers are seeing rate increases in the double digits says a new survey by Arthur J. Gallagher & Company.
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Employers of choice are committed to providing their employees with a rich benefits and compensation program while trying to decrease or maintain operating costs. And according to a press release on the survey, these increases put U.S. employers in the challenging position of needing to balance two competing priorities—attracting and retaining a competitive workforce and maintaining or decreasing overall operating costs.
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