Firms To Shift More Benefit Costs
Faced with health care benefit cost increases of 13.6 percent in 2002, more than half of employers say they will raise employee contributions by as much as or more than their expected cost increases, according to a survey released by Watson Wyatt.
In addition, over 70 percent of employers are considering benefit cuts or an increase in employee co-pays over the next 12 months, the study found.
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