Thursday, December 13, 2012

From 2003 To 2011, Employer Health Insurance Premiums Rose 62 Percent, Employee Premiums Rose 74 Percent And Deductibles Rose 117 Percent

Posted by Milton Recht:

From "Employer health insurance premiums rose 62% from 2003-11" in ScienceBlog:
Average premiums for employer-sponsored family health insurance plans rose 62 percent between 2003 and 2011, from $9,249 to $15,022 per year, according to a new Commonwealth Fund report.

The report, which tracks state trends in employer health insurance coverage, finds that health insurance costs rose far faster than incomes in all states. Workers are also paying more out-of-pocket as employee payments for their share of health insurance premiums rose by 74 percent on average and deductibles more than doubled, up 117 percent between 2003 and 2011.

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