Health care. You love it, but you also hate it. You’ve got double-digit premium increases and plenty of unknowns.
Silicosis, lung cancer, other respiratory diseases, and kidney disease
have been linked to exposure to respirable crystalline silica.
Deductibles employees must pay have risen six times faster than their earnings since 2010, and co-pays and out-of-pocket limits have also been increased significantly. The survey also showed that 78% of employees making under $50,000 annually currently have less than $1,000 set aside in an emergency fund to pay for out-of-pocket expenses associated with an unexpected illness or accident. Even those making more are not immune, as 20% of employees making $100,000 or more also have less than $1,000 set aside. It’s not surprising that your employees may be struggling with health care costs.