Marten Martensen


I came into this business in 1999, and at that time, there was no cost to employees for health insurance, including a zero deductible and the standard 80/20 insurance co-pay. It cost us, as a business, about $400,000 per year. Today, 17 years later, we are paying $1.6 million for health insurance for our employees per year. Employees have an option of a $1,000 deductible or a $2,000 deductible. On top of that, we are self-insured.

What that means for us as a business? The cost of healthcare continues to go up and up, showing us that it is such an expense that has never been stabilized.

Recently, we took drastic measures, moving to a $5,000 deductible and giving employees a health savings account with $125 in it. Whether they get rid of the Affordable Care Act or not, the burden is still there. We started to consider, “would it be less expensive to just pay the penalties of not providing health insurance to our employees and have the employees be on the ACA?” The fact that we’re even considering that tells you that our healthcare is NOT sustainable at all and that Alaska needs help.

Continental Auto

Marten Martensen
Owner at Continental Auto Group