Rising premium costs getting ‘really scary’ for Utah small business

April 29, 2018 (Deseret News)

WaveOrtho’s plight is not unusual. Monthly premiums charged for employer-sponsored health plans rose on average by about a third from 2006 to 2016 in Utah, according to an extensive analysis released this week by the Utah Foundation.
Compelled to switch insurers multiple times over several years in a search for the best deal, OrthoWave even tried paying an allowance to employees in 2015 that they were to use toward coverage they would purchase on the individual federal health exchange, Meecham said.
Not satisfied with that option, the company switched again to directly paying for employees’ insurance benefits in 2016, and had to switch their carrier once again this year.

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