Congress needs to put a moratorium on insurance company rates until they finish their debate!

This month, the Society of Human Resource Management published an article highlighting health insurance cost trends in 2009. It was demonstrated that increases during the time of the survey were already at 11%. At the time of the article, that 11% was expected to soar exponentially higher because of the new legislation requiring mental health parity, the expansion of COBRA, the threat of taxation on our health premiums, the discussions on national health care reform, and the new public insurance option debates. We hear about this everyday in the media and should be no surprise

Needless to say, we did not escape the increase. These issues, coupled with reductions in headcount below 50 and medical claims from 2008-2009, my employer received a renewal for our current plan at a 21.5% increase to take effect September 1st.