Double-digit increases continue for health benefits












Despite some slowing in the trend, employers can still expect to face the fifth straight year of double-digit increases for employee health care benefits. Towers Perrin surveyed 200 businesses with an average workforce of 7,200 to find that a 12-percent increase in costs is expected in 2004.

It's little consolation that the figure is smaller than the 16 percent that employers were hit with in 2003, says Jim Foreman, the consulting company's managing director of health and welfare.

"I cannot recall a longer sustained period of double-digit increases in the health care industry," says Foreman. "Companies are paying twice as much in health care costs today as they paid six years ago."

SOURCE: 2004 HEALTH CARE COST SURVEY, TOWERS PERRIN

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HAP, a subsidiary of Henry Ford Health System, is a nonprofit health plan providing coverage to individuals, companies and organizations. This executive develops strategies to meet membership and revenue targets through products, pricing, market segmentation and advertising.  Aligns business among Business Development, Commercial Sales, Medicare and Public Sector Programs and Product Development. Seeks to enhance and be responsible for business development and expansion through the development of an effective product portfolio, strong interpersonal relationships and service excellence.

Apply via email to jfedder1@hfhs.org or online at http://p.rfer.us/HENRYFORDlXqAJA

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