 sahara says: So they're passing the costs to employees, who're paying higher deductibles and out-of-pocket expenses while often receiving less comprehensive coverage for their money. Twenty-one percent of firms with insurance coverage reduced benefits or increased employee cost-sharing due to the recession, the survey found. Fifteen percent increased their workers' shares of the monthly premium. "When health care costs continue to rise so much faster than overall inflation in a bad recession, workers and employers really feel the pain," said Drew Altman, the president and chief executive of the Kaiser Family Foundation. Employers typically pay about $9,860 of the standard $13,375 family policy, the survey found. Workers pick up the rest, about $3,515 or 27 percent. That's the same share as last year. The cost of single coverage increased slightly this year, averaging about $4,824 compared to $4,704 last year. Employees pay about 17 percent of the cost, or $779 toward the coverage. The rising costs mean that a year of family coverage, on average, now costs employers about $15,000, nearly as much as a year of labor from a full-time minimum wage worker, Altman said. Consumers also pay more, on average, for family coverage than they'd pay to purchase a gas-sipping Chevrolet Aveo — about $12,000 — or to rent a two-bedroom apartment for the nationwide yearly average of $11,136. "It just underscores why health insurance is increasingly unaffordable for working people and for employers, especially small employers," Altman said. About 159 million people have employer-based coverage nationally, but the percentage of companies that provide it is declining, partic... Really a educative and informative post, the post is good in all regards,I am glad to read this post I am also new here and i am still in the process of learning things in this site. I just accidentally saw the site and i registered http://ezinearticles.com/?Acai-Force-Max-Review---How-Effective-is-This-Health-Supplement-For-Our-Body?&id=2852216 |
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