|| Print ||
|Articles - November 2010|
|Thursday, October 21, 2010|
Page 2 of 4Struggling with rising costs
A few more years of business-as-usual in the health care world could be bad news for John Clark and his Gresham rubber stamp company Stamp-Connection.
Four years after he started his business in 2001, Clark began offering his employees — he has 11 total, including himself — 100% paid medical, dental and life insurance. He also covers his family and those of three managers.
Double-digit price increases over the past three years, however, have begun to tighten the line. The health benefits now cost the company, which has annual revenues of about $1.25 million, roughly $90,000 a year. And Clark is expecting similar increases over the next few years, which is why he’s anxious for health care reform to kick in.
“Any change is good at this point because the status quo is just killing us,” he says, noting that offering handsome benefits has helped him attract loyal, long-term employees. “We can’t keep going at this rate.”
To help deal with the cost increases thus far, co-pays for Stamp-Connection employees have risen slightly. If the expenses continue to rise, Clark says he may have to ask employees to contribute toward their monthly premiums. He says he also is concerned that costs could shoot up precipitously on the way to 2014 as health providers scramble to generate as much revenue as possible before new regulations take effect.
Under the federal reform, small businesses like Stamp-Connection that offer health benefits may be eligible for additional tax credits. Clarks says he’s also looking forward to the new insurance exchange, which he says might offer lower prices or at least make current providers more competitive.
But a lot could happen between now and 2014, so Clark isn’t looking at any of the reforms as definite. Instead, he’ll continue offering his employees the best benefits he can, encourage wellness among his workers and keep his fingers crossed that whatever comes of health care reform will be good for business — and the country.
“The next three years are going to be very telling as to how we shake this out,” he says, “but as a society, we really do need to shake this out.”
Saturday, October 24, 2015
BY JACOB PALMER | DIGITAL NEWS EDITOR
What's it like working with your sister and how do you compete in Portland's crowded artisan ice cream space?
Wednesday, October 28, 2015
BY JACOB PALMER
Live, work, play with the president of Gramor Development.
Tuesday, October 06, 2015
BY CHRIS NOBLE
As we worked on the October cover, it became evident that Nick Symmonds is a hard man to catch — even when he’s not hotfooting it around a track.
Thursday, November 05, 2015
BY LINDA BAKER
Gov. Kate Brown delivered the keynote speech at the Associated Oregon Industries annual policy forum yesterday. Speaking to a Republican-aligned audience of about 100 business and public policy leaders, the governor was out of her comfort zone.
Wednesday, October 14, 2015
BY JASON E. KAPLAN | STAFF PHOTOGRAPHER
Friday, October 30, 2015
BY LINDA BAKER
This is a story about a small plastics company in wine country now exporting more than one million feet — 260 miles worth — of tubing to China every month.
Thursday, October 08, 2015
BY LINDA BAKER
In an era dominated by self-promotion and marketing speak, John Bradley, CEO of R&H Construction, is a breath of fresh air.
|The Love Boat|
|The Food Pod Grows Up|
|Tinker, Tailor, Portland Maker|
|The High Road|
|The Shift to Community Health Care|
|The Harder They Fall|
|Another chapter to the Bezos/Musk space race story|
|Thanksgiving travel: Fuel costs low, terrorism anxiety high|
|Costco chicken salad linked to E. coli case in Washington|
|Nestle comes clean about benefitting from slave labor|
|Enormous drugmaker emerges from Pfizer, Allergan deal|
|Startups joining lobbying game|
|Merchants complain as Square goes public|
Economic diversity has proven a smart strategy for the Port of Hood River. How can other Oregon communities replicate the model?
Phone, Internet needs of small community school districts earn attention of top-five telecom provider.
Farmland LP grows its vision for organic farming in Oregon.
The Salem Convention Center has capped its tenth anniversary year by earning the prestigious “Best of the Best 2015” award from NW Meetings & Events magazine. Selected as the Best Convention/Conference Venue in Oregon by meeting and event planners from Alaska, British Columbia, Idaho, Oregon and Washington, the Salem Convention Center ranked above the Oregon Convention Center and the Portland Art Museum.
The Oregon Cooperative Hall of Fame honors individuals for their outstanding contributions to the successful building and operation of Oregon agricultural cooperatives.
Health insurer reports $10.2 million in net income after taxes through the first nine months of 2015.