Small employers hit harder by latest health insurance premium increases

According to the latest Greater Milwaukee Employer Health Care Benefits survey, premiums for Milwaukee-area employers increased by an average of 8 percent to 10 percent in 2014, but the increase varied based on employer size.

Nearly 40 percent of employers with fewer than 20 employees reported increases of at least 14 percent, while 13 percent said they terminated their employer-sponsored health plan.

Approximately 150 employers, representing an estimated 125,000 employees, participated in the annual online survey, which is produced in cooperation with the Benefit Services Group, The Business Group on Health, the Wellness Council of Wisconsin and the Metropolitan Milwaukee Association of Commerce.

View the complete survey results here.

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