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Survey: Massachusetts employers significantly more optimistic about hiring in 2013

One in three believe mandate that requires health insurance is unconstitutional

NATICK, March 26, 2012 – Massachusetts employers expect to hire more people in 2013, but many believe that last year’s national healthcare law will increase costs and is unconstitutional, according to a recent survey conducted by Eastern Benefits Group.

The survey revealed three key findings:

 • About 35 percent of executives surveyed said that their company will add more full-time employees in 2013;

• About 61 percent feel that healthcare reform will increase health plan premiums in 2012;

• About 33 percent said the new law that mandates health insurance is unconstitutional.

“In light of these concerns, Massachusetts employers remain very comfortable with employer sponsored benefit plans,” said Matthew Shadrick, executive vice president, Eastern Benefits Group. “In fact, less than 1 percent would drop benefits entirely in
2012 – 2013.”

The survey, which was conducted February 8, 2012 through March 22, 2012 had 227 respondents from Massachusetts and five respondents from other New England states.

Eastern Benefits Group provides an array of employee benefits plans to businesses, including group health and life insurance, disability insurance, long-term care insurance, and 401(k) plans. For more information, visit www.easternbenefitsgroup.com.

About Eastern Insurance Group
Eastern Insurance, headquartered in Natick, is a subsidiary of Eastern Bank, the largest independent, mutually owned bank in New England with branches stretching from Merrimack Valley to Cape Cod. Eastern Insurance serves more than 70,000 individuals and businesses and provides a full range of personal and commercial insurance products, surety, and employee benefits services.  Eastern Insurance is the largest insurance agency headquartered in Massachusetts and the 36th largest agency in the country.