Pie chart with dollar image TheKaiser Family Foundation finds that from 2008 to 2018, averagepremiums for a family on a large employer health plan increased 55percent, while average cost-sharing increased 70 percent. (Image:Shutterstock)

Traditionally, generous health coverage has been one of thebenefits of working for a large employer. Big businesses and largepublic sector agencies are able to leverage their size to negotiate better rates with insurers.

However, those with access to large employer health plans havenot been insulated from the rapid increase in health care costsover the past two decades. As insurers have demanded higher prices,employers have shifted a bigger share of the cost onto employees inthe form of higher premiums, copays and deductibles.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.