Thursday, September 09, 2004

Health Care Premia continue to rise

Out of control -- premia are up almost 60% since 2001. What is the administration's response? Health Savings accounts, Association Health Plans, and Tort Reform? Yeah, that'll get a million or so people insurance, but the other 44 million uninsured people are SOL. Meanwhile, continuing ballooning Health care costs will only cause more to lose their insurance altogether, or to be underinsured.

From the article:

"The cost of family health insurance is rapidly approaching the gross earnings of a full-time minimum wage worker," said Drew Altman, president of the Kaiser Family Foundation. "If these trends continue, workers and employers will find it increasingly difficult to pay for family health coverage and every year the share of Americans who have employer-sponsored health coverage will fall."


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