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Ouch! Family Health Care Costs Break the $20,000 Mark?

Ouch! Family Health Care Costs Break the $20,000 Mark?

The 2012 Milliman Medical Index reports that the average cost of employer-sponsored healthcare for a family of four is now $20,728.00! To be accurate, the report is referring to a PPO plan, which can cost substantially more than a HMO plan. And, also according to the report, this year’s increase in costs was less than previous years, at 6.9 percent. Still, health care remains expensive no matter how you cut it. Of that health care cost, employers will … Read entire article »

Filed under: Featured, Kim's Korner

A 2018 Train Wreck Coming?

A 2018 Train Wreck Coming?

I think we have a train wreck coming. As you may know, in 2018 the health care Cadillac Tax will be implemented. The Cadillac Tax is the 40% tax an employer will be forced to pay on any health coverage plan costing over $10,200 for an individual and $27,500 for a family. Now, some will argue only a few plans will be targeted. They say only the ridiculous, gold-plated plans of the fabulously wealthy will … Read entire article »

Filed under: Featured, Kim's Korner

California Health Care Crisis is Building

California Health Care Crisis is Building

California’s budget trouble is quietly creating a crisis in health care. Along with many other cuts in various government services, including shutting down courts, the DMV, closing state parks, laying off teachers, and furloughing state workers, California has cut back on its health and human budget. Back on July 1, 2009, the state Medi-Cal program eliminated nine categories of medical and dental services for adults, including: Dental Services Incontinence Washes and Creams Acupuncture Services Optometry and Optician Services Podiatry Services Audiology Services Speech Therapy … Read entire article »

Filed under: Kim's Korner