Eighteen months after passage of the Patient Protection and Affordable Care Act, group medical benefits costs are on the rise once again, according to The November Employee Benefits Market Survey conducted by The Council of Insurance Agents & Brokers.
“Our latest survey indicated that premium increases have ebbed somewhat after initial shock and uncertainty following enactment of PPACA in 2010,” says Ken A. Crerar, president and CEO of CIAB. “The market has begun to adjust to initial new requirements in health care reform, but some uncertainty may persist as additional aspects are phased in over the next several years.”
