We have approx 30 FT employees (located throughout California), and our insurance plans only went up 14-15% over last year. Emphasis on only.
We buy through some sort of insurance brokerage that bundles small businesses for obtaining allegedly better rates with Blue Cross Blue Shield. Emphasis on allegedly.
I’m not sure what the future holds, but these kinds of increases while our earnings continue to be down (40% off from 2007) does not bode well for our ability to keep offering employees medical insurance.
