Ohio State University’s newest president says the institution is committing $400 million over five years to lower students’ costs and improve the value of their education.
Now, a few oil and gas companies are moving their fracking operations west, closer to Columbus to look for potential riches. The latest well is being drilled in an area less than an hour from Columbus.
Nowhere is the insurance crisis more keenly felt than among small non-profit organizations. While commercial businesses may pass along increased costs to their customers, non-profits cannot.
The state of Ohio and the federal government are two of central Ohio’s largest employers. The Common thinking is people who work in government make less money than those in the private sector, but the benefits are great. While government health insurance benefits are still good, agencies and employees are starting to see some big changes.
We’ve heard how large corporations and their employees are struggling to pay health insurance bills. Often times, small companies have it worse. The lack a large workforce. They lack negotiating clout. In part three of our series – Benefit or Burden – The Rising Cost of Health Insurance, we tell the small business story.
A new study by the Kaiser Family Foundation shows family coverage premiums in the United States reached $1,000 dollars per month this year for the first time. As the plans get more expensive, companies and their workers are paying more. But, workers at one north side company pay, at most, $40 per month. In Part Two of our series, Benefit or Burden–The Rising Cost of Health Insurance, WOSU’s Tom Borgerding visits Worthington Industries,a 52 year old home-grown steel processor.
Scotts- Miracle Grow. Last year Scotts-Miracle Gro spent 22 million dollars for employee health benefits. The Marysville based fertilizer company is aggressively trying to keep the cost down. It has instituted a controversial no-smoking policy and it’s built a fitness center at its headquarters.