Employee Health Insurance Costs to Rise
GW employees' medical insurance contributions will increase as the University changes its health insurance plan administrator in January.
Faculty and staff health insurance contributions will rise due to the University's switch from UnitedHealthcare to Aetna, resulting in a 6.5 percent increase in employee contributions.
This change may lead to a $3 to $61 increase per month, depending on coverage level and salary band.
Experts say this move likely curbed sharper cost increases but may disrupt care for employees whose providers fall out of network.
The University's decision comes amidst national price spikes in health insurance costs.
Author's summary: GW employees face rising health insurance costs.
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