ARCHIVED  May 28, 2004

Businesses change plans, pare benefits

Like the common cold, no business type or size is immune from the
challenges that soaring health-insurance premiums pose.
Employers have responded to the dramatic increases in
health-insurance costs of recent years by shopping and shuffling.
They search for new plans, opt for fewer benefits, reduce the
coverage they provide or simply forego health insurance in an effort
to cure ailing pocketbooks.
The Employer Source, which contracts human resources, health-plan
administration and employee-assistance programs for employers, took
the now-typical approach when faced with its own increasing premium
costs, said Mark Weaver, chief…

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