Group medical insurance rates continue to climb and small businesses experience the highest rate of increase, a survey from the Council of Insurance Agents & Brokers said.
The survey of 86 insurance brokers finds that rates for small accounts with 50 or less employees saw the most increases since the last survey in May.
Forty-seven percent of the small accounts experienced increases between 11 percent and 15 percent, while 19 percent saw increases in the range of 16- to 20 percent.
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