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Employee Benefits
Please note: This item is from our archives and was published in 2002. It is provided for historical reference. The content may be out of date and links may no longer function.
U.S. companies will pay on average 15.4% more in 2003 to provide their workers with health insurance than they did this year, when rates climbed 13.7%, says consulting group Hewitt Associates ( http://was.hewitt.com/hewitt ). Some corporations will absorb most of the increase, but others will ask employees to contribute more than in the past. Next year, workers will pay on average 19% of the cost of their own coverage and 24% of dependent care premiums. Hewitt bases its projections on information from more than 2,000 U.S. health plans.
