News Archive

10/6/04 - Health Costs Hammer American Charities

U.S. nonprofit organizations are being especially hard hit by escalating
health benefit costs according to a new report by the Johns Hopkins Center
for Civil Society Studies as part of its Nonprofit Listening Post Project.

Looking at a nationwide sample of over 250 nonprofit agencies that serve
children, the elderly, community development, and the arts, the Johns
Hopkins survey documents for the first time the impact of exploding health
benefit costs on U.S. charitable organizations. The survey found that:

-- Nearly two thirds (63 percent) of sampled organizations reported health
benefit cost increases of 11 percent or more over the past year, well above
the increases recently reported for all firms

-- These increases affected virtually all types of charities

View the full press release here.

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