State law seen upping health care costs for employers - Monday, 10 November 2008 11:40

State law seen upping health care costs for employers. 

A recent article in the Hartford Business Journal points to a new state law which will drive up the cost of health care next year.

The law requires employers to extend health benefits to cover employee’s children until they reach age 26.

The law takes effect Jan. 1, and children under their parent’s group health insurance will remain eligible until that age, even if they are not enrolled in college, as long as they don’t marry, leave the state or obtain their own health coverage.

The change is going to raise business premiums, and most will have to decide whether to pass any part of the higher cost to employees.

Businesses that are self insured or are regulated under Federal ERISA Laws do not have to comply with the measure, but businesses that buy coverage from a health insurance company, including small businesses, will have to comply with the changes.

Chamber Insurance Trust launches Life and Disability Insurance Program

The Chamber’s Leadership Benefit Council and the Chamber Insurance Trust recently announced a new chamber insurance program.

Anthem is offering Small Group Life and Disability Insurance through our local Chamber of Commerce Insurance agents and brokers at a discounted 5% off their regular price.

This plan offers many small group options and improved benefits.

This new insurance plan joins the chamber’s other insurance programs, including individual and group health and dental insurance, long term care and Medicare Plus Choice or their Over 65 Program.

If you’re interested in any of the chamber’s insurance programs, call Mary Kuharski at the chamber’s Benefits Center at 584-4718.

John J. Leone Jr. is the president of the Central Connecticut Chambers of Commerce serving Bristol, Burlington, Farmington, Plainville, Plymouth and Wolcott.

From: The Bristol Press  

Sunday, November 9, 2008 6:49 PM EST

By John Leone
Chamber president

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