Sunday, June 23, 2013

Employer health premiums rose 170% in California in last decade

 Premiums for employer health insurance in California jumped 170% over the last decade, more than five times the 32% increase in the state's inflation rate.

That escalation in premiums has taken a toll on employers' willingness to offer health benefits, according to an annual survey by the California HealthCare Foundation.

The report found that 60% of California firms offered health benefits last year, down from 73% three years ago.