By Rachel May, of Syracuse, an administrator at Syracuse University, who is challenging state Sen. David Valesky, D-Oneida, in a Democratic primary — Posted Jul 31, 2018
It's no surprise that health insurance rates in New York are going up again, even for employers ("NY's soaring employer-sponsored health insurance costs among nation's highest," by James Mulder, July 24, 2018.) We can thank Republican efforts to destroy the Affordable Care Act for the rise in premiums, but why are they so high in the first place? A typical New York family insurance benefit (over $21,000) adds more than 40 percent on top of the average Syracuse salary of $49,000. Let's think for a moment about what that means.
It means if you have a business and you want to hire an entry-level worker at, say, $35,000, you have to figure in a whopping 60 percent in overhead in order to offer health benefits. It means you have a huge incentive to hire temporary or part-time workers and avoid paying benefits at all.