By Will Kessler
Daily Caller News Foundation
Employer health insurance costs are expected to increase significantly in 2024, affecting costs for both workers and businesses as hospital operating costs rise, according to data reported by The Wall Street Journal.
Next year, the costs for health insurance coverage from employers are expected to increase by around 6.5%, which could be the biggest increase in more than a decade, according to survey data acquired by the WSJ. Driving the increase in health insurance costs are inflated labor costs for hospitals and a large demand for expensive new diabetes and obesity drugs, which are being passed down to insurance companies in new contracts with the hospitals.
“Inflation we saw a year ago is finally making its way into the contracts,” Tim Stawicki, the chief healthcare actuary at Willis Towers Watson, told the WSJ. “It’s like a delayed reaction.”
Individuals who do not receive insurance from their employer but rather through the Affordable Care Act will see their premium costs rise by about 6% next year, which is comparable to the increase this year, according to the WSJ.
Joe feels YOUR pain.
BIDEN: “We lived in a 3 bedroom little home – a lower middle class family – I remember one night – hearing the headboard of my dad, I could tell my dad was restless – the comapny just said they’re not gonna pay [health] insurance…
For all of you out… pic.twitter.com/osCYhdh108
— Daily Caller (@DailyCaller) August 29, 2023
Workers are likely to pay more out of pocket as employers shift some of the cost of inflation down to employees, according to the WSJ. Despite the shift, a tight labor market may push employers to shoulder a bigger share as hiring and retaining workers remain competitive.
Unemployment ticked up in August but remained relatively low at 3.8%, up from 3.5% in July. The U.S. added 187,000 nonfarm payroll jobs in a sign of a slowing job market.
In August, the Biden administration released a list of ten drugs that Medicare will negotiate prices with drug manufacturers over in an effort to reduce costs. The negotiations are set to begin later in 2023 but will not go into effect until 2026, with companies being threatened with up to a 95% tax if they do not cooperate.
This story originally was published by the Daily Caller News Foundation.
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IMPORTANT NOTE TO WND READERS: Today’s ruling elites champion policies every previous generation of Americans would have regarded as outright evil. At the top of that list would be the supremely radioactive issue – illuminated by the hit summer film “Sound of Freedom” – of the widespread trafficking and sexual slavery of children, as well as the shocking prevalence of pedophiles in the United States of America. Indeed, the U.S. is the largest market for child sexual abuse in the world.
According to Tim Ballard, who has led many missions rescuing sex-trafficked children around the world, the Biden administration actually ENABLES AND PROMOTES the trafficking and sexual slavery of children with its horrendous border policies, its push for early sexualization of children, championing children’s “right to consent” on everything including mutilating transgender surgeries, and so on.
“Pedophiles are sitting back right now,” says Ballard, “and going, ‘We’ve been pushing this agenda for decades, and now we don’t have to push any more, because the left is taking care of it for us’ – IN AMERICA!”
Ballard’s concerns are confirmed by Tara Lee Rodas, a Health and Human Services whistleblower who recently testified before Congress that under Joe Biden, “THE U.S. GOVERNMENT HAS BECOME THE MIDDLEMAN IN A LARGE-SCALE, MULTI-BILLION-DOLLAR CHILD TRAFFICKING OPERATION.”
But that’s just the beginning. The whole, secret criminal mega-enterprise of child sex trafficking and the global elites’ affinity for pedophilia is exposed as never before in the August issue of WND’s critically acclaimed monthly Whistleblower magazine, in a groundbreaking issue titled “THE NEW AMERICAN SLAVE TRADE: How the Biden regime enables and promotes child sex trafficking in the U.S.A.” WHISTLEBLOWER is available in both the popular print edition and a state-of-the-art digital version, either single issues or discounted annual subscriptions.
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