Tuesday, September 27, 2005

Ideas for Health Insurance Reform in New Jersey

Category: Business Law and Planning

Any employer or employee in New Jersey knows that health insurance costs are on the rise.

From the New Jersey Business & Industry Association:

NJBIA - Capitol Memo: "According to the Kaiser Foundation's annual Employer Health Benefits Survey, average health insurance premiums increased by 9.2 percent in 2005. The survey also found that the percentage of all firms offering health benefits to their employees had dropped to 60 percent from 69 percent in the last five years. Here in New Jersey, employers responding to NJBIA's Health Benefits Survey (released April 2005) reported an 11 percent increase in the cost of providing health insurance to their employees in 2004. "

The NJBIA Capitol Memo goes on to describe some reform measures currently under consideration in the NJ Legislature.

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