Black People : Health Care Premiums Soar for Many Employees

Discussion in 'Black People Open Forum' started by Ankhur, Sep 28, 2011.

  1. Ankhur

    Ankhur Well-Known Member MEMBER

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    Published on Tuesday, September 27, 2011 by PBS News Hour
    Survey: Health Care Premiums Soar for Many Employees
    by Jason Kane
    As the economy sputters and many firms struggle to keep their health benefits, the news officially became even bleaker on Tuesday: Premiums for employer-sponsored health coverage shot up 9 percent last year. That's significantly more than the average increase in wages, according to a new survey from the Kaiser Family Foundation and the Health Research & Education Trust.
    The typical premium for an American family now comes to $15,073 -- with workers paying $4,129 of that amount and employers covering the rest. The average rate for an individual reached $5,429 annually, with workers paying $921 toward the coverage. In the past decade, premiums have increased 113 percent, while workers' wages and inflation have only risen 34 percent and 27 percent, respectively. (photo: M.V. Jantzen)
    The premium hike this year -- triple what it was in 2010 -- towers above a 2.1 percent rise in wages and 3.2 percent jump in inflation.
    While significant, the news is a continuation of a long-standing trend. In the past decade, premiums have increased 113 percent, while workers' wages and inflation have only risen 34 percent and 27 percent, respectively.
    The survey -- considered a gold standard for tracking employer-based insurance numbers -- also found that American companies added 2.3 million young adults to their parents' family health insurance policies as a result of the health reform overhaul.

    http://www.commondreams.org/headline/2011/09/27-6?print
     
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