Quote:
Originally Posted by SpyderMike
HI has been a ***** forever, not just after ACA, in my experience. We had to change plans yearly as costs were constantly going up significantly year to year. We shopped it through a local broker yearly. I no longer have employees and only use a personal plan.
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My experience exactly with providing HI for our "C" corp. employees from 1978 - 2004.
We used a local broker to research available plans and changed plans, coverages, etc. fairly regularly to keep costs down. When we started in 1978 we provided full coverage for employee and family with a low deductible plan. When we sold the business in 2004 we paid for coverage for the employee only (employee picked up tab for family) and deductibles were way up.
Anyone who thinks HI costs were low and only went up when Obamacare came along is clueless.. Providing good HI for employees was always a major challenge and meeting with the broker was something we dreaded every year as there was never good news.