Higher healthcare costs are forcing employers to make difficult decisions that can result in reduced benefits or fewer job opportunities.

Gloria Sachdev, President of the Employers’ Forum of Indiana, recently traveled to Connecticut to meet with elected officials. During her visit, she discussed the policy changes the group has advocated for in Indiana and explored ways to make healthcare more affordable for businesses in Connecticut. Higher copays, rising drug prices, and steep hospital bills are not only draining Connecticut residents’ hard-earned money but also hindering their career advancement. As healthcare costs surge, Connecticut businesses are scaling back expansion plans which are affecting promotions, raises, and access to better jobs.

Families in the Stamford-Danbury area pay the most for health care in the state, an average $27,624 a year in insurance premiums as of 2023, according to state data, with employers contributing another $9,531 toward the family’s health costs.

As corporate hospital systems grow larger, become more profitable, and increase hospital prices, employers and their employees are forced to shoulder the financial burden that comes with it. Higher healthcare costs force employers to make difficult decisions that can result in reduced benefits or fewer job opportunities.

It’s time to demand accountability from hospitals that prioritize their bottom line over the well-being of their communities. Better Solutions remains committed to this fight.