We just got the rate increase for our employee health care and its gone up yet again. Last year 19% the year before that 23% and before that 37% .
Participation is getting smaller as some are going without ins. and some a switch to another private Co. We currently pay half and ever year suck up the increase as well as the employees. This is creating feelings of ill will as the employees only see a smaller paycheck. I am actually hoping that if a few more folks opt out that we will no longer eligible for a group plan and the insurance companies will no longer accept us. I want out of the insurance business. The insurace companies to me seem like the goverenment, they do not increase the value of service and yet still increase cost. I cant wait for nationalized health care.