Health Insurance is Currently Being Covered by Employees
Health Insurance

On Thursday, the Health Research & Educational Trust and the Kaiser Family Foundation published a national study revealing that amid the financial mess of the global economy, employees lost huge shares of their health insurance as employers started cutting costs to cope up with the recession. The report also showed that during these bad labor conditions, it is extremely hard for workers to get any benefits.

Drew Altman, the President and Chief Executive of the Kaiser Family Foundation, said, "It's the first time that I can remember seeing employers cope with rising health care costs by shifting virtually all of the cost to workers”.

In addition, the report was associated with some figures regarding this issue, showing that employers who paid $9,773 per family policy as an average are now cutting it by 3% in an attempt to cope with the financial recession.

Dustin Conrad, one of the Benefits Consultant and Principal with Mercer's Office in Milwaukee, stated that he was amazed at how employers are increasing the share of insurance premiums covered by the employees, adding that there is no reason behind it than the ‘weak’ growth in the financial status of the country.

Finally, the report stressed the need for a constructive intervention of the Government in order to ensure the safety of the workers.

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