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Disney Will Cut Medical Insurance for Spouses With Other Options
Business Insider • • business
Key Points:
- Disney will stop offering medical insurance plans to US employees' spouses if their spouses have coverage through their own jobs, starting next year; other dependents are not affected.
- The change is part of Disney's response to rising healthcare costs nationwide, aligning with trends among large employers, though experts say completely eliminating spousal coverage is unusual.
- This policy does not impact spouses without employer-provided insurance but may pose challenges for those undergoing long-term health treatments.
- US employers' healthcare expenses are expected to rise 9.5% next year, marking a fourth consecutive year of near-double-digit increases, prompting companies like Disney and Starbucks to implement cost-cutting measures.
- Nearly half of large US employers plan to adjust medical plans next year, potentially increasing deductibles and copays, which would raise out-of-pocket costs for employees.
