NU Online News Service, May 26, 3:12 p.m. EDT
Despite continued increases in health insurance costs, few employers are considering getting rid of the programs, viewing them as an important employee benefit, a survey from the Council of Insurance Agents & Brokers found.
The Washington, D.C.-based association released its semi-annual survey of its members, finding that the overwhelming majority of benefits consultants say group medical plans continue to show no sign of decrease.
CIAB's survey of 88 members found that 87 percent of respondents say their small accounts saw increases ranging from 1 percent to more than 20 percent. For medium-size accounts, comprising 51 to 500 employees, 89 percent of brokers said those accounts experienced increases. And for large accounts, 67 percent said those accounts experienced increases.
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