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Without the negotiating power of bigger groups or the protection from grandmothering, many small employers were left with no cost containment strategies other than reducing coverage.
Les McPhearson, CEO of UBA
The full impact of PPACA compliance and its effect on health insurance costs is still unknown, but paints a gray picture of what’s ahead for employers.
Les McPhearson, CEO of UBA
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UBA Survey: Small Businesses See Big Hikes in Health Plan Costs

Survey Reveals Group Health Plan Costs and Options by State and IndustryHealth insurance premium renewal rates increased an average of 6.2 percent for all plans in 2015, up from the previous year’s 5.6 percent increase, according to new survey data released from United Benefit Advisors (UBA), the nation’s leading independent employee benefits advisory organization. Small businesses with fewer than 25 employees, which account for five million U.S. employers, were hit the hardest, finds UBA. “In 2014, employers overwhelmingly utilized early renewal strategies to delay moving to higher cost

Three out of Four US Employers To Be Hit with Cadillac Tax by 2022

Even Bronze-Level Plans Subject to Excise Tax, Finds UBA SurveyMany employers falsely assume that the Cadillac tax will apply only to the richest plans. However, newly release data from the 2015 UBA Health Plan Survey shows that even the lowest quality “Bronze-level” health insurance plans on the Affordable Care Act (ACA) exchanges are at risk of triggering the tax, potentially affecting 74 percent of employers by 2022. “When the law was created, it was assumed that only three percent of plans would trigger the Cadillac tax, and it was marketed as a tax on ‘the rich benefits of

Thirty-Two Percent of Employers Delayed Health Plan Renewal Date to December 2014 to Avoid Rate Increases, Survey Finds

Employer Health Care Costs Remain Stable for 2014, but Number of Employers Delaying Renewal to Avoid PPACA Compliance Increased 322 Percent Indicates Full Impact of PPACA is Still Unknown – Large Rate Increases ExpectedThe number of employers delaying their health plan renewal dates until December 1 increased 322 percent from 2013 to 2014, with 32 percent of all employers postponing their renewal date, according to the 2014 United Benefit Advisors Health Plan Survey, the nation’s largest health plan survey of nearly 10,000 employers. Of the 32 percent, 94 percent were small businesses in

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