Health Care thoughts: Big Business Reacts to Reform

by Tom aka Rusty Rustbelt

Health Care: Big Business Reacts to Reform

The National Business Group on Health ** has issued the results of a poll on the reaction of larger employers to PPACA (Obamacare or the Act).

A few highlights:

The group expects employer health care costs to increase by 9% in 2011.

Employers are dropping limits on spending limits in compliance with the Act.

Employers are shifting costs to employees to encourage more careful spending.

Sixty-three percent of employers expect to shift more premium costs to employees next year.

Some of the first deadlines for plan changes arrive in September 2010.

Small business is a whole ‘nother deal. More later.

** The NBGH is an association of larger employers, mostly business, but as diverse as the federal government, the American Cancer Society, the University of California and the United Methodist Church.