Expect More Healthcare Benefit Cuts

Ohio CPAs are predicting that more Ohio employees will lose health care benefits in 2006 as employers explore ways to control rising health-care costs. That's one finding from The Ohio Society of CPAs 2005 Statewide Ohio Business Poll.

Two-thirds (67 percent) of survey respondents estimated that health-care insurance costs would rise from 10 percent to 20 percent in 2006.

One in five of CPAs surveyed said that it was likely a significant number of employers would eliminate health-care coverage for their employees, and 41 percent said that it was somewhat likely. Only 6 percent forecast that it was not at all likely, and 34 percent termed it somewhat unlikely.

Read more about the Ohio CPA 2006 Outlook here.