Quote:
Originally Posted by buckman
Posted from my iPhone/Mobile device
Premium growth is slow because the product is worse . Look at your deductible compared to before the ACA . Your out of pocket is way up .... Unless of course you get it subsidized .
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You're right that prem. growth has slowed bc of that. Companies are pushing more of the cost of the insurance onto the ee. either through higher deductibles or making the ee pay a higher % of the costs. However, the overall costs of health care inflation (called Trend) has been decreasing. The following was from the 2nd part of what I posted.
The Kaiser estimates corroborate earlier estimates from the Bureau of Labor Statistics’ Employer Cost Index that showed that slow growth in employers’ health benefit costs continued into 2015, as well as results from a national survey released last week by the consulting firm Mercer, which found that employers have seen slow growth persist through 2015 and expect it to continue into 2016.