Health Care Costs Continue to Increase

HealthCoverageCostsGraph.gif  Source of graphic:  online version of the NYT article cited below.

 

(p. C1)  The cost of living keeps going up, but the cost of healthy living is going up even faster.

A widely followed national survey reported yesterday that the cost of employee health care coverage rose 7.7 percent this year, more than double the overall inflation rate and well ahead of the increase in the incomes of workers.

The 7.7 percent increase was the lowest since 1999.  But the average cost to employees continued an upward trend, reaching $2,973 annually for family coverage out of a total cost of $11,481.

Since 2000, the cost of family coverage has risen 87 percent while consumer prices are up 18 percent and the pay of workers has increased 20 percent, the survey noted.  That is without counting the cost of deductibles and other out-of-pocket payments, which have also been rising.

 

For the full story, see: 

MILT FREUDENHEIM.  "Health Care Costs Rise Twice as Much as Inflation."  The New York Times (Weds., September 27, 2006):  C1 & C7.

 

  Source of graphic:  online version of the NYT article cited above.

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