Marsh Sees New Strategy On Benefit Costs
NU Online News Service, July 10, 11:19 a.m. EDT? A study released by insurance broker Marsh says increased health benefit costs are forcing more small companies to drop their employee health care coverage while mid-size companies struggle to keep the benefits.
The report says costs rose by more than 20 percent among those companies with between 10 to 199 employees, and another double-digit increase is expected in 2003. The prevalence of health coverage fell from 66 percent in a 2001 study to 62 percent in 2002 among employers with 10-49 employees.
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