As costs continue to rise, a large percentage of companies said they plan to pass on these costs to their employees in the premiums they pay. Healthcare costs are currently growing at an average annual rate of 8.7%. If this continues to occur, by the year 2019, family healthcare through an employer will cost around $30,000.
This article includes statistics both interesting and pertinent to those on both sides of the healthcare debate. It also comes at a time that is pivotal in the argument over reform.
4 comments:
It's interesting to read this article after we had talked about health care in class the other day. The biggest concern that I noticed was that despite an increase in workers' wages by 3.1% this year, if health care continues to rise and the employers continue to cover the majority of these costs, wages are eventually going to decrease.
I agree with Brandon. This article is very interesting and so true. My father is a teacher and his health care policy costs have skyrocketed in recent years but the actual coverage benefits and options have decreased. Prescriptions used to be free but now my family has to pay at least $15 for each. I just hope that this trend does not continue for long because I hate to see health care costs reach $30,000 through an employer.
I agree with both of you. Costs do keep jumping and $30,000 would be so extreme to have to pay for a family - it would likely be unmanageable. Looking at this article makes me further believe there needs to be some kind of reform that affects the costs of healthcare - they are becoming outrageous. It's no wonder so many just cannot afford it.
After reading this article it is quite clear that the price of health care is out of control. Something needs to be done to lower the cost of health care, but I don't think that national health care is the way to go. The market (Doctors, and Insurance companies) need to lower the cost of services. This may need government intervention but it does not mean that the government should cover the inflated costs.
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