Health insurance premiums see smallest increase in 15 years | Reduction

Health insurance premiums see smallest increase in 15 years

Healthcare USA (after T.R. Reid) by Mike Licht, NotionsCapital.com
License (according to Flickr): Attribution License

Excerpt:

Faced with the 2014 implementation of health care reform, employers are making a greater effort to control their costs by shifting more of the expense and risk on to their employees. NEW YORK (CNNMoney) -- The cost of providing health care benefits to employees rose by just 4. 1% this year, the smallest increase in 15 years, according to a survey by human resources consultant Mercer. And employers are expecting to see another modest increase of 5% next year, the survey of 2,800 companies found. That's a far cry from the beginning of the decade, when employers reported increases of 10% to nearly 15% a year. Last year, benefit costs rose by 6.1%. But the more modest increases aren't because doctors or insurers are charging less.

Concepts:

Health care Health insurance Employment Healthcare reform Cost Costs Gross domestic product Health economics

People:

Mercer

Overall Sentiment: 0.252216

Relevance: 0.738586

Julio A. Portalatin

Overall Sentiment: -0.0781319

Relevance: 0.412973

Sentiment	Quote
0.301687	"Employers are very aware that in 2014, when the health reform law's provisions kick in, they will be asked to cover more employees and face added cost pressure," said Julio A. Portalatin, ...
0.129468	"Employers are very aware that in 2014, when the health reform law's provisions kick in, they will be asked to cover more employees and face added cost pressure," said Julio A. Portalatin, CEO of Mercer. "They've taken bold steps to soften the impact and it's paying off already."
Sentiment Stats:	Number of Quotes: 2 Aggregate Sentiment: 0.431155 Mean: 0.2155775 Standard Deviation: 1.7320508075689

Key:

• Aggregate Sentiment is meant to be an indicator of an individual's overall sentiment.
• The Mean is meant to be an indicator of an individual's average comment sentiment.
• The Standard Deviation, when there are enough quotes, will indicate an individual's consistency of sentiment (i.e. a Standard Deviation of 0 would mean they were very consistent in their sentiment and 1 would mean they were very inconsistent).

Note that quote stats are likely to be meaningless beyond the aggregate score due to the tiny sample size. However, they are always provided just in case you find something useful there.

Additional Info:

City: NEW YORK

Overall Sentiment: 0.224989

Relevance: 0.415623

Disambiguation: References:

• New York, Lincolnshire: dbpedia
• New York, Lincolnshire: yago

Header Info

Source Site: rss.cnn.com

URL Provided Title:

Health insurance premiums see smallest increase in 15 years

Webpage Provided Keywords:

• cdhp
• consumer directed health plan
• deductibles
• employee
• employer
• employer health plan
• health care
• health care costs
• health care reform
• high-deductible plan
• insurance
• insurance premiums
• Mercer
• obamacare
• out-of-pocket cost
• personal finance
• premium

URL Provided Desc:

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Data Sources

Full Content: http://rss.cnn.com/~r/rss/money_latest/~3/1gfbjuUy35k/index.html

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