Rising health costs are not just a federal budget problem
Tuesday, September 27, 2011
Premiums for employer-provided health insurance, where 150 million Americans get their coverage, jumped 9 percent in 2011 while workers’ wages grew just 2 percent, according to our annual employer survey. The average family policy now costs more than $15,000 per year, more than the cost of a Chevy Aveo or a Ford Fiesta. Since we began doing this survey thirteen years ago, worker contributions to premiums have increased 168 percent, wages 50 precent, and inflation 38 percent.
