Obamacare to Jack Up Insurance Premiums | Blog | The Willis Report with Gerri Willis | Fox Business: If you haven't already heard from your employer about open enrollment -- well, brace yourself. Premiums are high and rising. According to a survey from the National Business Group on Health, employers expect their health insurance costs to increase 7%. And, 60% of those employers plan to ask workers to pay higher monthly premiums.
Case in point, Wal-Mart stores - the Bentonville, Arkansas based retailer and the nation's largest employer - will ask employees to pay premiums that are eight% to 36% more next year. The company has said if you average costs over the more than one million employees who are covered - workers' contributions will rise just 4.4%. According to an Aon Hewitt survey, premiums will rise 9% on average nationally.
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