Thursday, September 25, 2014

Employers pumping the brakes on dependent health coverage

By Christian Schappel


To either help you decide how to adjust your benefit offerings this open enrollment season or justify some of the decisions you’ve already made, here’s a look at what other employers are doing with dependent health coverage

With healthcare costs continuing to climb into 2015, employers are scaling back how much they’re willing to pay for dependent coverage — particularly spousal coverage.

In fact, about one-fifth (22%) of employers said they have already reduced the amount of money they’re willing to contribute toward dependent coverage. And a whopping 50% plan to do so over the next five years.

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