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Lean times call for cutbacks in health care benefits: bailout offers some relief to unemployed, but part-time staff stand to lose insurance.

Publication: San Diego Business Journal
Publication Date: 23-FEB-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
San Diego employers are cornered into making distressing decisions between providing health care benefits to workers and staying in business during a recession, say experts.

"Employers are cutting benefits for part-time employees," says John Toon, president of Snapp & Associates Insurance Services, an insurance broker. "We are definitely seeing employers require increased employee participation in the monthly premiums."

Out of the firm's 2,000 clients mostly in Southern California, 20 percent of Snapp's business is derived from employee benefits.

Though insurance lines have decreased in premium price,...

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