A salaried job with health benefits has long been the gold standard of US employment. That assumption is now under serious pressure. Sharply rising premiums are prompting young, healthy workers to opt out of company health plans. Some are going without cover entirely. Others are turning to cheaper alternatives such as medical cost-sharing cooperatives. The trend is a growing concern…
Tag: Employee Benefits
-
GEMS Contribution Increase Sparks Union Backlash
Trade unions in the Public Service Co-ordinating Bargaining Council (PSCBC) have rejected the Government Employees Medical Scheme’s (GEMS) decision to raise member contributions in 2026. The scheme implemented a 9.8% increase from January 2026. It will then apply a revised 9.5% increase from 1 April 2026. Unions say the hikes are economically unjustifiable and socially regressive. They argue the increases…