Health-care premiums for employers and their workers is a major drag on US economy
Alex Bronson
Sep. 26, 2006

Health-care premiums for employers and their workers have climbed twice as fast as wages and inflation in 2006.

Health-care premiums for employers and their workers is a major drag on US economy. According to a recent survey the premium will go up even faster.

It is an additional tax on the economy. It is worse than gas pump price escalation. There you can see prices going up. Here you see nothing. It is stealth tax.

The insurance companies blame the uncontrolled mediacal expenses. The small companies are fed up with extra premium they have to stash out every year.

Some companies are opting to reduce healthcare benefits to save money from excalating premiums.

Health-care premiums for employers and their workers is a major drag on US economy
Alex Bronson
Health-care premiums for employers and their workers have climbed twice as fast as wages and inflation in 2006. It will rise even faster in coming years.
READ MORE>>

Hedge funds getting under microscope from regulators - SEC is probing whether hedge fund Pirate Capital broke securities laws
Tania
The scrutiny is at a very preliminary stage.
READ MORE>>

GM never gave up potential alliance with Renault and Nissan - it is just concerned about giving details to media
Sam Adelton
According to GM's finance chief the alliance possibilities are on track. There were some unconfirmed rumors that after failure of talks with GM, Renault and Nissan are looking towards Ford.
READ MORE>>

Lennar's sharp drop in margins confirms bust in real estate sector and fast slowing US economy
Peter Oberois
The Miami-based company painted a gloomy outlook for the US economy.
READ MORE>>

Mittal did not expect Arcelor will accept merger so easily
Kiran Chaube
India-born steel tycoon LN Mittal has said that he is "pleasantly surprised" at how complementary the 34.3 billion dollar merger of his company Mittal Steel with its nearest rival Arcelor has proved to be.
READ MORE>>

Thailand situation is not normal - behind the scene agitation has started in Universities
Sudhir Chadda
Some 50 Thai university students and several academics protested the Sept. 19 coup and its illegitimate leaders on Sept. 25 at Thammasat University.
READ MORE>>

The great depression in China will expose severe corruption asmong Chinese officials - top official in Shanghai already fired for stealing city's pension fund
Sam Adelton
The great depression in China will reveal that corruption led to the economic meltdown.
READ MORE>>

Russia agrees to look into the matter but disgrees to allow Royal Dutch Shell operate in Sakhalin 2 without strict budget
Kieth Copperfield
Russia does not intend to revoke the license but they are not happy with Royal Dutch in Sakhalin 2
READ MORE>>

MORE ARTICLES >>