BREAKING NEWS: New Survey Shows Employers Think Costs Will Rise Under New Reform law
Posted by The Campaign on May 26, 2010 at 6:47 AM
Throughout the health care reform debate, there were many voices that raised concerns about the issue of health care costs and whether the new reform law would adequately address in a meaningful way the ever increasing growth in costs. One of those voices was America's employers, and while they regularly raised the issue of costs, the law seemed to have ignored those concerns and did not effectively develop long term strategies on this issue.
It is not surprise then that a survey released yesterday by Towers Watson shows that employers' concerns about health care costs has not abated. Click here for the full survey, and read below for some highlights as reported in an AP story from today:
"Big companies think health care reform will hike their costs..."
"...94 percent of those that responded believe the reform law passed by Congress earlier this year will raise costs."
"Some companies could see small reform-related cost hikes next year, after the start of provisions that ban lifetime maximums for benefits and extend coverage of young adult dependents on parental plans to age 26."
"Containing health care costs was an essential or high priority for 96 percent of survey respondents..."
