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Old 12-07-2013, 10:22 AM   #15
8gv
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Originally Posted by ishoot308 View Post
These changes in insurance and premiums are not just occurring in NH, they are happening across the country!

As a business owner who employs approximately 100 people here in NH and Maryland and supplies fully paid health insurance, you simply cannot believe the changes in plans and premiums that have occurred since the threat of and implementation of the "affordable health care act". Our premiums have doubled and deductibles more than tripled!

Just a few years ago (4 years) our plan was with Anthem and had $1,000.00 deductible. Every year since premiums have had huge increases which we simply could not absorb therefore we had to offer plans with higher deductibles to offset the cost. What we use to pay for a $1,000.00 deductible plan is now a $10,000.00

This plan and premium increases are NOT just with Anthem as we have a company who shops out our health insurance to all the major carriers for us. Some years none of the other carriers would even bid on supplying our company with insurance!

We are currently with Harvard Pilgrim and are anticipating yet another huge increase this year.

As a company, I am not sure what we are going to do except pass the additional cost on to the employees, something we have always strived not to do.

I think everyone will soon find out that the "affordable" care act is not so affordable!

Dan
It's hard to be competitive when your employment costs increase so dramatically.
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