Job-related health insurance coverage on the decline

Job-related health insurance coverage on the decline

The number of employer-sponsored healthcare plans has been on the decline for years as fewer companies are offering it and a declining number of employees are taking it. According a recent study by the Employee Benefit Research Institute (EBRI), the percentage of workers with health insurance coverage has been declining since 1997, mostly because of companies that have dropped their coverage. Other reasons include the out-of-pocket costs for the employees or coverage from another source,…

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