Wednesday, September 16, 2009

Cost of health insurance

Kaiser Family Foundation President and CEO Drew Altman has issued a brief analysis of the Foundation's annual survey of employer health coverage and costs.
  • Average cost of family coverage in 2009 - $13,375.
  • Premiums went up 5% while other prices dropped 0.7%.
  • Over the last ten years premiums have risen $131% while wages have grown 38% and inflation 28%.
  • if premiums rise the same average as in the last ten years, by 2019 the average cost of family coverage will be $30,803.