THE WOODLANDS, Texas – With health insurance costs almost doubling, a growing number of credit union employees are left footing more of their medical bills. A recent survey of employee benefits by D. Hilton Associates, Inc. finds that in the last two years the number of credit unions paying 100% of employee medical coverage costs has dropped by nearly 17%. According to the 2003 Staff Benefits Survey, only 18% of credit unions pick up the full tab. In addition, the percentage of credit union employees with a deductible of $1,000 or more has climbed to 12%, up from zero just two years ago. For more information on the survey contact Anne Ralston at (800) 367-0433 ext. 115 or visit the Web site at www.dhilton.com.
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