Monday, June 4, 2012

Asked and Answered

FoIB Holly R sends us this poser:

"Are we in for a break from health care hikes?"

According to the linked article, "[h]ealth care spending is expected to grow next year by 7.5 percent, which is historically low"

The author cites economic woes and "cost-conscious" patients for this apparent good news.

Unfortunately, the real answer turns out to be less hopeful:

"Ed Fensholt, a compliance specialist at Lockton Companies L.L.C., Kansas City, Mo., said his firm believes that PPACA requirements already are increasing the typical client's health coverage costs about 2% to 3% and adding $1 per employee in health plan tax costs."

So there's the theoretical world (of staff reporters) and the real world (of actual business folks).

Which one are you going to believe?

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