Wespath Benefits and Investments
Abacus Retirement Solutions, LLC
Trucker Huss, A Professional Corporation
Carpenter Morse Group Inc.
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|The Big Benefit Squeeze: Companies Are Paring Employee Costs by Clamping Down on Healthcare|
U.S. News & World Report
Mar. 23, 2005
Excerpt: Many employees are paying a larger share of premiums, especially those in upper-level positions. At Chicago-based Exelon, which owns Peco Energy in Pennsylvania and ComEd in Illinois, for example, senior-level staff members used to pay 20 percent of their healthcare premiums. Today, that contribution can go as high as 40 percent. Fewer firms pick up the entire premium anymore, and many employees are shelling more out of pocket because of higher deductibles and copayments.
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