Workers won’t find much comfort in the smallest increase in health insurance premiums since 1999. The 7.7 percent increase this year was still more than twice the rate of inflation.
“To working people and business owners, a reduction in an already very high rate of increase just means you’re still paying more,” said Dr. Drew Altman, president and chief executive officer of the Kaiser Family Foundation, a health care research organization that annually tracks the cost of health insurance.
Altman said the rising gap between premium growth and wages is particularly startling when one takes a longer look back. Since 2000, health insurance premiums have gone up 78 percent; wages 20 percent. (MSNBC)
Thursday, September 28, 2006
health insurance rate > inflation rate
Have you noticed this?