A Health Insurance Double Whammy

In case you missed it, I am recirculating a picture put together by the Kaiser Family Foundation , which reveals two unsettling facts about health insurance in United States.
First, the cost of employer-based health insurance has risen 61% since 2005. When health insurance premiums rise, salaries don’t. That’s a problem.
Second, worker contributions have risen even faster than overall premiums, increasing 83% over this period of time.
Health Insurance Double Whammy
We have tremendous income inequality in this country that arises for a whole host of reasons. Healthcare costs are making this problem worse, by diverting money away from people’s take-home pay in order to cover the rising costs of health insurance.
Sorry if that is a bit of a downer.

Leave a Reply