CIAB: Health Costs Still Soaring

But the Council of Insurance Agents & Brokers, Washington, says its latest rate survey suggests that a plurality of employers have seen their rates go up 10% to 20%.

Although 11% of employers of all sizes say their rates have held steady or fallen, 40% of the employers with more than 500 employees say their rates have gone up 10% to 20%. The share with 10% to 20% rate increases is 64% at midsize employers and 55% at employers with 50 or fewer employees.

The total percentage of employers with health rate increases under 10% is 41% at big employers, 30% at midsize employers and 23% at small employers, according to the CIAB.