Cost of Health Insurance Increasing For Wyoming Companies
According to a new survey, Wyoming companies are seeing an average increase of 10% in health insurance costs. Employers are picking up the majority of the costs but employees are also paying for a large percentage of the increases.
The 2011 Health and Welfare Plans Survey was conducted by the Mountain States Employers Council. The council has been tracking the health care costs of Rocky Mountain employers for 50 years. This year’s rise is well above inflation, but it’s still less than what occurred in the early part of the last decade, when the region experienced cost increases of more than 20 percent.
The survey was given to 41 Wyoming employers. Twenty percent of employers who participated in the survey now offer health savings accounts, and another 8 percent plan to offer them in the future.
You can read more here.