Health Insurance Costs Rise Faster Than Wages
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Health insurance premiums for workers are rising around three times faster than their wages, and health costs eat up a quarter of earnings
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New claims for jobless benefits moved higher last week, a possible sign that employers haven&#39;t completely let go of their caution and are looking to cut costs.
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Employer-sponsored health insurance premiums rose 11.2 percent this year, registering the fourth consecutive double-digit annual increase and pushing the cost of family coverage under the most common type of plan past $10,000, according to a new survey.
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Retirees for a third straight year are paying double-digit increases for healthcare coverage through their former employers, which are shifting a greater share of the cost to new retirees, according to a study released yesterday.
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A new study provides further evidence that health insurance is getting more expensive. It says family premiums in employer-sponsored health plans have jumped 11.
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Employee health insurance premiums shot up 11.2 percent in 2004, the fourth straight year of double-digit growth, a new survey found.
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CHICAGO: Health insurance premiums rose five times faster than US workersâ salaries this year, according to a survey released last Thursday that also showed slippage in the percentage of American workers covered by employer health plans.
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The health insurer beats some estimates and raises others.
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The cost of employee health 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.
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The cost of employer-sponsored health insurance rose 11.2 percent in 2004 - the fourth straight year of double-digit growth, according to a survey released Thursday.
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Sept. 9, 2004 -- Employee-sponsored health insurance premiums rose an average of 11.2% between spring 2003 and spring 2004, now averaging just under $10,000 per year for the average worker with a family of
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The cost of insurance is set to rise as new rules governing the industry come into force on Friday.
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The cost of providing health care to employees has risen 11.2 per cent this year, according to the results of an authoritative national survey.
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Medicare patients&#39; monthly premiums for outpatient care will jump a record $11.60 next year, while deductibles for hospitalized patients will rise $36, the biggest jump in 14 years.
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Premiums for job-based health insurance jumped 11.2 percent on average this year across the nation, according to a survey released Thursday, the latest evidence of a painful rise in medical costs that is placing an increasingly heavy burden on employers
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Employers' health premiums rose 11.2 percent this year, according to a benchmark study released yesterday that reinforces voter concerns about the US healthcare system.
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Employers are facing continued double-digit increases in health care costs in 2005 and likely will require their workers to pay an even greater share of the bill, according to a new survey of more than 900 firms.