Many small businesses and nonprofits in Connecticut must weigh the solvency of their business against how generous they’d like to be with employee health benefits.

Health insurance premiums are going up largely because health care costs are rising. Over the past two decades, the cost of hospital and medical care has risen faster than inflation.

Academic researchers have also attributed much of the steep rise in hospital costs in recent years to poorly functioning markets; the consolidation of hospital systems through mergers and acquisitions is reducing competition.

CT MIrror's Economic Development reporter Erica Phillips tells host Ebong Udoma what's being done to curb the costs.

You can read her story here.

See omnystudio.com/listener for privacy information.

Many small businesses and nonprofits in Connecticut must weigh the solvency of their business against how generous they&rsquo;d like to be with employee health benefits.
Health insurance premiums are going up largely because health care costs are rising. Over the past two decades, the cost of hospital and medical care has risen faster than inflation.
Academic researchers have also attributed much of the steep rise in hospital costs in recent years to poorly functioning markets; the consolidation of hospital systems through mergers and acquisitions is reducing competition.
CT MIrror's Economic Development reporter Erica Phillips tells host Ebong Udoma what's being done to curb the costs.
You can <a href="https://ctmirror.org/2022/05/01/rising-health-care-costs-weigh-on-ct-small-businesses-and-nonprofits-hospital-consolidation-insurance/">read her story here</a>.See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.

Welcome to Steady Habits: A CT Mirror Podcast, hosted by John Dankosky. Our goal is to foster meaningful conversations with newsmakers and the journalists who cover them. We're planning to dig into Connecticut's biggest stories in policy and politics. Let's get started.

Steady Habits: A CT Mirror Podcast

Steady Habits: A CT Mirror Podcast, hosted by John Dankosky, aims to foster meaningful conversations with newsmakers and the journalists who cover them. Each episode, we dig into Connecticut's biggest stories in policy and politics.

Steady Habits: A CT Mirror Podcast, hosted by John Dankosky, aims to foster meaningful conversations with newsmakers and the journalists who cover them. Each episode, we dig into Connecticut's biggest stories in policy and politics.

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