Franchise Industry Says It’s Crunch Time for Health-Care Reform

Ken Walker the chairman of the International Franchise Association, and chairman and CEO of Driven Brands, says “Start Over”. That’s the message that the International Franchise Association (IFA) and its grass-roots members are telling Congress as it considers comprehensive health-care reform. And we are not alone in this call.

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Study: Health Reform Boosts Premium Costs

Corrinne Hess reports in The Business Journal of Milwaukee – that National health care reform will drive up premium costs in the private health insurance markets, particularly for the young and the healthy, according to data from a series of state-level studies from insurance company WellPoint Inc.

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Small Business Faces Sharp Rise in Costs of Health Care

Reed Abelson reports in the New York Times that as Congress nears votes on legislation that would overhaul the health care system, many small businesses say they are facing the steepest rise in insurance premiums they have seen in recent years. Insurance brokers and benefits consultants say their small business clients are seeing premiums go up an average of about 15 percent for the coming year — double the rate of last year’s increases. That would mean an annual premium that was $4,500 per employee in 2008 and $4,800 this year would rise to $5,500 in 2010.

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