Compensation Strategies Group, Ltd.
Nicholas Pension Consultants
Nova 401(k) Associates
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|With the Excise Tax in Their Sights, Employers Hold Health Benefits Cost Growth to 3.8% in 2015|
Nov. 19, 2015
"[T]otal health benefit cost per employee rose 3.8% in 2015, following a 3.9% increase in 2014. 23% of large employers are at risk of hitting excise tax cost threshold in 2018 based on their current premiums -- and 45% are at risk for 2022. 2016 costs predicted to rise by 4.3% after employers make changes to plans.... if they made no changes to their current plans, they estimate that cost would rise by an average of 6.3%. But about half of all employers indicated that they would make changes in 2016."
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