Huddleston Tax Accountants. Accountant serving Seattle Bellevue Redmond Kent Kirkland & Bothell.
CPA Tax Issue: Rising Healthcare Insurance Cost
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Survey shows rising health insurance costs

A recent survey of 3017 randomly selected public and private companies revealed that the cost of health insurance provided by employers rose 11.2% in 2004. Costs are expected to rise again in 2005, according to the survey conducted by the Kaiser Family Foundation.

The survey also found that employees contributed an average of $558 to the total annual insurance cost of $3,695 for single coverage and $2,661 to the $9,950 cost for family coverage.

Companies are trying to find ways to contain health insurance costs, including providing incentives to their workers to stay healthy. Wellness programs, financial rewards or prizes for exercising, eating right, and getting checkups are some of the methods employers use to keep workers healthier and health costs down.

copyright 2005

   


Huddleston Tax Accountant of Seattle & Bellevue
(800) 376-1785
10900 NE 8th Street, Suite 900-9105 Bellevue, WA 98004
 

Need a tax accountant?  Need tax preparation, a bookkeeper, payroll services, quickbooks training, business valuation, consulting or other quickbooks services?  Huddleston Tax Accountants serve the communities of Seattle, Bellevue, Tacoma, Kirkland, Renton, Lynnwood, Mountlake Terrace,  Bothell, Shoreline,  Mill Creek, Woodinville, Redmond, Mercer Island, Kent, Tukwila, Sea-Tac, West Seattle, Auburn, Federal Way, Burien, Everett, Marysville, Snohomish, Lake Stevens, Mukilteo & Kenmore, Washington.  Call us to arrange an appointment.  For your convenience, we can meet you at your home, business, or one of our meeting locations.  Call to meet John Huddleston, J.D., LL.M., Tawni Berg, CPA, Jennifer Zhou, CPA or Jessica Chisholm, CPA.  Member WSCPA.