Family insurance costs skyrocket 14%
money.cnn.com
money.cnn.com
I just got the notice this morning from my HR department. They say that company contribution as a percentage of cost will remain constant (the company is subsidizing 90% for employee-only coverage). However, the actual rate is increasing 12%, so the employee contribution is also increasing 12%.
The notice explicitly stated that the increase in cost is due to expanded coverage as required by the Affordable Care Act.