NY Times: U.S. Health Insurance Cost Rises Sharply, Study Finds

RA Guy Community News 1 Comment

The cost of health insurance for many Americans this year climbed more sharply than in previous years, outstripping any growth in workers’ wages and adding more uncertainty about the pace of rising medical costs.

A new study by the Kaiser Family Foundation, a nonprofit research group that tracks employer-sponsored health insurance on a yearly basis, shows that the average annual premium for family coverage through an employer reached $15,073 in 2011, an increase of 9 percent over the previous year.

Read More: http://www.nytimes.com/2011/09/28/business/health-insurance-costs-rise-sharply-this-year-study-shows.html?partner=rss&emc=rss

Comments 1

  1. Deb aka murphthesurf

    This doesn’t surprise me at all. Businesses tend to milk us for whatever they can with any justification they can and unfortunately this is why we need laws now to govern healthcare. If one could trust the typical supply vs. demand things would work but things are too influenced by politics, money (lobbyist) and justification for ROI – return on investment. And the article is discouraging to say the least for older sick workers. I have no doubt that employers are trying to screen us/them out due to age and sickness. And I can’t really blame them as we would be a higher insurance premium for them. I for one was hoping we would have gotten a government plan thrown in the mix. That is the ONLY time prices drop as the government can negotiate a huge discount due to the masses it would represent. Truly a sad state of affairs here in the states and I don’t see an end in site for these problems either.

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