Hard Times, What Now?

The Jacksonville Business Journal - 2/13/09

by KIMBERLY MORRISON

JACKSONVILLE — Business owners say they are being crushed by the escalating price tag of their employee health plans, and are looking for relief.

Many employers have already made cuts, and aren’t putting away the scissors. About one-third of Florida employers said they plan to increase deductibles, co-payments and out-of-pocket expenses this year in an effort to mitigate rising costs, according to a recent Mercer LLC survey of 105 Florida-based employers.

But more companies are shifting strategy from the bottom line to the waistline, and finding real savings in healthy employees. Read More...