As renewal data for 2015 group health plans roll in, benefit advisers say they’re seeing double-digit premium increases and a wave of employers electing to drop group health coverage altogether. That trend, they say, is expected to accelerate in 2015.
Seventy-eight percent of brokers surveyed by the San Francisco, Calif.-based technology solutions company Benefitter say they’ve had clients drop group health coverage this year, with a surprising 17% saying they expect to lose more than one-quarter of their business.
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