So they have to collect larger premiums in order to make up the lost administration costs?
The average cost of an employer-provided family health plan jumped 4% to $15,745 between 2011 and 2012, a cost shared by employers and employees, according to an annual survey released in September by the Kaiser Family Foundation and the Health Research & Educational Trust.
So...which is true? Did the average cost jump 4% or did consumers save $1.5 billion? Is this Democrat math where the cost WOULD HAVE jumped by 1.5 billion more (says Ms. Chloe) if it weren't for Obama's wonderful plan?
They have to raise their premiums a lot, to pay for the non-medical-care costs. For example, costs of building and renovating the new Kaiser facilities in CA are increasing, due to compliance with green building codes and other red tape.