Health care costs keep rising faster than wages and inflation

According to a recent report form the Kaiser Family Foundation (KFF), health care costs are growing at a faster rate than wages or inflation. The report points out that employer-sponsored health insurance rose five percent to an average of $20,576 this year; however, premiums have cumulatively up 54 percent over the past decade, while deductibles have skyrocketed 162 percent whereas, wages and inflation have cumulatively increased 26 percent and 20 percent. Read article here…

Notice: The link provided above connects readers to the full content of the posted article. The URL (internet address) for this link is valid on the posted date; medicarereport.org cannot guarantee the duration of the link’s validity. Also, the opinions expressed in these postings are the viewpoints of the original source and are not explicitly endorsed by AMAC, Inc.; the AMAC Foundation, Inc.; or medicarereport.org.