GOVERNMENT RELATIONS

Employees Share Pain of Rising Premiums

Washington, DC (March 24, 2004) … Data compiled by the National Association of Wholesaler-Distributors (NAW) February 23rd through March 12th reveals a substantial increase in group health insurance premiums paid by industry employers. Information was provided by nearly 500 wholesale distribution companies of all sizes and across all lines of trade.

Ninety-nine percent of the companies responding to the NAW survey offer health insurance as an employee benefit. Explained one survey participant, "Retaining good people requires an insurance package." Another agreed: "Good health benefits are a necessity to keep good people."

For the complete news release click here http://www.naw.org/Content/ContentGroups/News2/Health_Insurance_Costs_Jump.htm

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