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Steve McIntosh Report Blog Archive



Health insurance costs surge

This comes as no big surprise to us working folks. The Kaiser Family Foundation reports a 9% increase this year in annual health insurance premiums for a family of four.
Kaiser’s survey found that annual insurance premiums to cover people through their employers average $5,429 for single people and $15,073 for a family of four. Those rates rose 8% for single people and 9% for families.
U-S-A Today reports rising health care costs are behind the big increases. Kaiser’s Gary Claxton estimated … based on Office of Management and Budget figures … that about 1% of the rise came from changes due to last year’s health care law.
Many companies pick up all or part of that 9% premium increase. But many workers see less take-home pay, or spendable income. And many are being hit with higher co-pays and deductibles.
Why haven’t our elected officials attacked the root causes of higher health costs? We’re still trying to treat the symptoms and not the disease.
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Our thought for today is from William Osler:
 
“The desire to take medicine is perhaps the greatest feature which distinguishes man from animals.”


Tags :  
Topics : Health_Medical_PharmaLaborSocial Issues
Social :
People : Gary ClaxtonWilliam Osler




 
10/05/2011 12:54AM
Health insurance costs surge
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