|
|
Article: Market Memo: health insurance shock may prompt changes.(public upset about health care costs)
- Article from:
- Healthcare Strategic Management
- Article date:
- November 1, 2001
- Author:
CopyrightCOPYRIGHT 2001 HCPro, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Health insurance premiums for small businesses are rising as much as 51%, and many large businesses are seeing increases of 25% to 50% over a year ago, putting the health care delivery system back in the bull's-eye of every angry employer and worker.
At the same time that the country is clamoring for increased spending on disaster planning capabilities and a stronger public health system, it is slipping deeper into recession and facing rising unemployment.
Market and legislative retaliation may be fierce
This means that the country is hardly prepared for huge increases in the cost of its health insurance, and retaliation by insurance buyers and ...