Stop The HIT Coalition Statement on Increase in Cost of Employer-Provided Health Insurance

WASHINGTON--(BUSINESS WIRE)-- The Stop The HIT Coalition issued the following statement after a Kaiser Family Foundation study found that employer sponsored health insurance premiums have increased 9 percent, with the average family policy in a group plan costing over $15,000 this year, an increase from last year's average cost of $13,770.

“Today’s Kaiser study demonstrates the adverse impact that premium increases have on employers’ ability to create jobs and pay employees. These increases are outpacing employee wages and inflation, two cost pressures that millions of small business owners and self-employed Americans have to confront every day. President Obama and Congress can reduce the cost burden on small businesses by repealing the $500 employee Health Insurance Tax (HIT) which was included as part of the recently enacted national health care reform law.”

More information about the Stop The HIT can be found at www.StopTheHIT.com.



CONTACT:

Stop The HIT
Molly Cullen, 202-559-0293
[email protected]

KEYWORDS:   United States  North America  District of Columbia

INDUSTRY KEYWORDS:   Small Business  Public Policy/Government  Healthcare Reform  Congressional News/Views  Public Policy  Professional Services  Insurance

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