The trend continues for employers to drop health insurance coverage....many only hire part time employees to keep insurance costs down as part time employees may only receive partial benefits or none at all...BD
WASHINGTON (Reuters) - The cost of providing health care for workers rose again in 2007 to nearly $8,000 annually per employee, prompting more businesses to drop the benefit, according to an annual business survey released on Monday.
Costs rose by 6.1 percent, about the same pace as last year but lower than the double-digit rates of prior years. In keeping with trends of recent years, businesses with fewer than 200 workers were more likely to cut back on coverage than larger ones.
But that's still more than twice the rate of inflation, and costs to businesses would be even higher if they had not shifted more of it to the workers and their families, the National Survey of Employer-Sponsored Health plans found.
Health coverage shrinks as costs up again: study | Health | Reuters
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