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. http://www.businessgrouphealth.org/