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FM Sept 04_PDF.qxd - Orlando Chamber of Commerce

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CULTURE & TRENDS<br />

COMMUNITY, CULTURE AND TRENDS. IT’S ALL REPRESENTED HERE.<br />

Health Care Trends<br />

Skyrocketing health care costs force three<br />

in four organizations to make changes.<br />

From The Society for Human Resource Management<br />

Though only 3 percent <strong>of</strong> U.S. organizations<br />

have considered eliminating health<br />

care coverage for employees, 75 percent<br />

have changed their health care plan design<br />

in large part to the unmanageable cost<br />

increases in recent years, according to the<br />

20<strong>04</strong> Health Care Survey by the Society for<br />

Human Resource Management (SHRM).<br />

“Health care costs have increased by<br />

double digit percentages year after year,<br />

forcing employers to grapple with the<br />

consequences,” said Susan R. Meisinger,<br />

SPHR, President and CEO <strong>of</strong> SHRM. To<br />

retain the value <strong>of</strong> an attractive benefits<br />

package, HR pr<strong>of</strong>essionals are diligently<br />

working to find the balance <strong>of</strong> health care<br />

plans that are affordable and beneficial.”<br />

Overwhelmingly, cost is the number<br />

one factor in evaluating health care plans<br />

with 93 percent <strong>of</strong> organizations using<br />

cost as a prime piece <strong>of</strong> data in health care<br />

evaluation. Contrast this to just 44 percent<br />

evaluating their health plans based on quality<br />

<strong>of</strong> treatment, only 14 percent evaluating<br />

the outcomes <strong>of</strong> treatment and a mere<br />

7 percent evaluating provider availability.<br />

The data indicates that the focus has<br />

become what a company can afford to <strong>of</strong>fer<br />

and what employees can afford to pay.<br />

The number-one reason why adjustments<br />

are made to employee health care<br />

packages is because <strong>of</strong> cost, with 87 percent<br />

reporting cost to employer as the reason for<br />

making plan changes. The report shows<br />

46 percent <strong>of</strong> employers report making<br />

plan changes due to cost to employees.<br />

Alternative Approaches<br />

Faced with the challenge <strong>of</strong> providing<br />

health care to employees while keeping<br />

costs down, organizations are finding<br />

alternative ways to approach the problem.<br />

Many organizations are looking to<br />

preventative measures to curtail health<br />

Companies are faced with the challenge <strong>of</strong> providing health care to employees while keeping costs down.<br />

SHNS photo by Michel Fortier/Naples Daily News<br />

care costs. In fact, 67 percent <strong>of</strong> organizations<br />

provide participant incentives to<br />

encourage healthy behavior. To do this,<br />

76 percent <strong>of</strong> respondents report using<br />

Employee Assistance Programs to<br />

promote healthy lifestyles. In addition,<br />

52 percent use educational programs to<br />

inform employees on how they can take<br />

steps to improve their overall health.<br />

Some companies (16 percent) are<br />

partnering with other organizations to<br />

purchase health care coverage collectively<br />

to receive discounted group rates.<br />

Grouping together is helping some<br />

smaller organizations leverage their<br />

buying power to get rates that were only<br />

available to large organizations.<br />

Seventy-four percent <strong>of</strong> survey<br />

respondents support legal changes to<br />

allow employees to band together to<br />

purchase health care coverage.<br />

Setting Examples<br />

Central Florida Hispanic-owned companies<br />

are among the country’s largest.<br />

By José David Alvarez, HCCMO Director, CBR Public Relations<br />

Have you heard the good news? If you<br />

haven’t, the Hispanic <strong>Chamber</strong> <strong>of</strong> <strong>Commerce</strong><br />

<strong>of</strong> Metro <strong>Orlando</strong> is here to tell you.<br />

According to this year’s Hispanic Business<br />

500 Directory <strong>of</strong> the largest U.S. Hispanic-owned<br />

companies, nine members <strong>of</strong> the Hispanic<br />

<strong>Chamber</strong> <strong>of</strong> <strong>Commerce</strong> <strong>of</strong> Metro <strong>Orlando</strong><br />

<strong>Chamber</strong> are among the largest in the country.<br />

Hispanic Business is one <strong>of</strong> the leading<br />

Hispanic business publications in the<br />

United States.<br />

Contributing more than $375 million in<br />

revenues to the local economy last year, these<br />

businesses showcased Central Florida on a<br />

national level as a region <strong>of</strong> opportunity for<br />

minority business.<br />

These companies were once ideas in the<br />

minds <strong>of</strong> entrepreneurs who believed in Central<br />

Florida as fertile ground for their dreams.<br />

Today’s aspiring minority entrepreneurs should<br />

take heart from the many successful and<br />

extraordinary stories that have originated in<br />

our region and bring their own ideas to life.<br />

The <strong>Chamber</strong> congratulates those<br />

members who made this year’s directory.<br />

They include: Greenway Ford (#22), Jardon &<br />

Howard Technologies Inc. (#78), Rolling Hills<br />

Ford Inc. (#119), T&G Constructors Inc. (#198),<br />

Advance Xerographics Imaging Systems (#265),<br />

Rey Group (#293), D&A Building Services Inc.<br />

(#390), Albors & Associates Inc. (#439) and<br />

Maya Telecom Inc. (#475).<br />

Keep up the good work, and thanks for<br />

setting an example for Central Florida’s future<br />

entrepreneurs!<br />

For more on the Hispanic Business 500<br />

Directory, visit www.hispanicbusiness.com.<br />

For more on the Hispanic <strong>Chamber</strong>, call<br />

407-428-5870 or visit www.hispanicchamber.net.<br />

In celebration <strong>of</strong> the positive Hispanic influence in<br />

Central Florida, the <strong>Orlando</strong> Regional <strong>Chamber</strong> <strong>of</strong><br />

<strong>Commerce</strong> features a monthly news story “en español”<br />

in FirstMonday for your reading pleasure.<br />

Siguen las pérdidas<br />

millonarias tras los<br />

atentados terroristas<br />

Exportadores estadounidenses han perdido más de 30 mil millones<br />

de dólares desde los atentados del 11 de septiembre en la ciudad de<br />

NuevaYork, debido a el “manej oineficiente” del sistema de<br />

procesamiento de visados, según reveló un estudio realizado por el<br />

Grupo Santangelo de Washington, D.C.<br />

Los resultados revelaron que entre las 29 naciones más afectadas<br />

por las demoras en las visas a empresarios extranjeros están China,<br />

Rusia e India, seguidas por Malasia, Indonesia y Corea. Entre los países<br />

Latinoamericanos con más dificultades se encuentran Brasil,<br />

Colombia, Ecuador, Guatemala y México.<br />

Las empresas medianas fueron las que más sufrieron, con pérdidas de<br />

5.07 millones de dólares, mientras que las grandes compañías perdieron<br />

1.14 millones y las pequeñas 580 mil dólares, en su mayoría en las áreas<br />

de aeronáutica, tecnología, salud, farmacéutica, tiendas comerciales,<br />

energía, automóviles, publicaciones, ingeniería y construcción,<br />

aerolíneas comerciales e instituciones financieras, entre otras.<br />

Para más información, visite www.uscis.gov.<br />

34 SEPTEMBER 20<strong>04</strong> <strong>FM</strong>

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