Health insurance premiums up 6.1%, fast outpacing inflation and wages
July 7th, 2007 Posted by: Dr. Dobson
Washington — The rising cost of health insurance continues to drive a slow but steady decline in employer-sponsored coverage and an increase in the number of uninsured people, according to the authors of an annual employer survey.
Premiums increased 6.1% on average in 2007 — the slowest rate since 1999, according to the “Survey of Employer Benefits 2007″ by the Kaiser Family Foundation and the Health Research & Educational Trust. But that figure is more than twice the 2.6% rise in inflation and outstrips the 3.7% boost in workers’ earnings.
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Tags: Health, insurance, premiums, outpacing, inflation, wages