Tuesday, September 15, 2009

Family health costs outpace inflation and wage growth

McClatchy reports:
The average cost of job-based family health insurance climbed 5 percent to $13,375 in 2008, making this the 10th straight year that health care premiums have increased faster than workers' wages and overall inflation have.

Insurance costs have increased 131 percent since 1999, when a year of family coverage cost about $5,791, according to the 2009 Employer Health Benefits Survey by the Kaiser Family Foundation and the Health Research & Educational Trust.