Some Employers Blame Obamacare for Hikes in Insurance Premiums

Some Employers Blame Obamacare for Hikes in Insurance PremiumsIf you get medical insurance through work, then you know that premium increases reflected on paychecks have been occurring for years.
But some employers are blaming the Affordable Care Act (Obamacare) for some of the increases coming in 2014.
And many are not clarifying the portion of the hikes that are attributed to health care reform, creating suspicion and confusion among employees.
An estimated 149 million Americans under age 65 received their health insurance through their employers.
November marks open enrollment for 2014 for most major employers. Employees’ health insurance premiums are projected to rise 5 to 7 percent next year, according to early estimates.
According to CNBC, some companies are citing Obamacare as a factor in next year’s pricing.
Here’s one example:
“(F)ederally mandated health care changes will require Comcast-NBCUniversal to pay new fees and implement plan design changes that will contribute to the increased cost of our plans,” said the open enrollment guide for CNBC.com’s parent company, where employee premiums are jumping by double digits, and deductibles in some cases are doubling.
The guide also cites rising health care delivery costs not directly related to the new law, CNBC said.

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