Wisconsin Companies Reported Increase in Health Plan Premium Rates in 2015
Posted: Nov 12, 2015 12:03 PM CDT | Updated: Nov 12, 2015 12:17 PM CDT
Out of 400 Wisconsin companies, 82% experienced an increase in health plans premium rates in 2015, according to a survey by the Management Association.
The Health & Prescription Drugs Survey is an annual survey designed to tract trends in the selection and use of insurance plans. A total 400 Wisconsin employers, representing 77,153 eligible employees participated in the 2015 survey.
Many companies reported increasing employee premium contributions, employee-paid deductible and employee out-of-pocket costs.
With these actions, and others, the final average healthcare premium increase realized by these companies was 6.9%.
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