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Member, Beacon International Group, Ltd.
Employer-based insurance might be approaching a tipping point, as years of rising costs have both consumers and employers feeling that health insurance is increasingly unaffordable, according to a new report from the Center for American Progress, reports BenefitsPro. Employers have been dealing with price hikes in different ways, by shifting costs to employees, or by trying self-funded plans, but rising costs continue, and the strategies have failed to keep up.