Thursday, March 31, 2005

Got Health Insurance?

The New York Times reports that the percentage of U.S. companies paying for their workers' health insurance is falling sharply, according to the Hay Group, a benefits consulting firm. In 2000, 29% of large and mid-size employers paid 100% of premiums for health coverage; by 2004, that figure had fallen to 17%. Companies blame rising health costs and tight business competition. If you want a Cadillac plan, get yourself elected to Congress.