Quote:
Originally Posted by classicman
Thank you - I was wrong -
It increased less than 4% as a percentage of the total cost
Do the math -
2000 total cost - $6438 ee contribution $1619 ... 25.14%
2010 total cost - $13,770 ee contribution $3997 ... 29.02%
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Employee contributions increased by 128% as opposed to the total premium increase of 131%
This just addresses premiums.
Many employers have tried to keep employee share of premiums from increasing more dramatically by cutting benefits, making it more costly for employees on the other side-- higher deductables, higher co-pays, etc.