Health Care premiums up 59% under Bush
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| Fri, 09-10-2004 - 12:06am |
Families pay $876 more per year for health care premiums
59% increase in health insurance premiums since Bush took office. According to the Kaiser Family Foundation’s annual health care survey, “ the cost of job-based health benefits rose by 11.2%, marking the fourth consecutive year of double- digit growth. Premiums continued to increase much faster than overall inflation (2.3%) and wage gains. Since 2001, premiums for family coverage have increased by 59%, compared with inflation growth of 9.7% and wage growth of 12.3%.â€
5 million fewer jobs provide health insurance in 2004 compared to 2001. According to the Kaiser Family Foundation, “the survey also found that the percentage of all workers receiving health coverage from their employer fell from 65% in 2001 to 61% in 2004. As a consequence, we estimate that there are at least five million fewer jobs providing health insurance in 2004 that in 2001.â€
The average worker is contributing $73 more a month for family coverage ($876 a year) . The average monthly worker contribution has increased from $149 in 2001 to $222 today.
Health care premiums jump 11.2 percent, Newsday, September 9, 2004 “Health care costs continued to surge this year as family premiums in employer-sponsored plans jumped 11.2 percent, the fourth year of double-digit growth, according to a new study. The cumulative effect of rising health care costs is taking a toll on workers: There are at least 5 million fewer jobs providing health insurance in 2004 than there were in 2001, according to the survey of 3,017 companies by the Kaiser Family Foundation and the Health Research and Educational Trust.â€

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Here's an idea,
How come our fine Senators (ahem, Kerry) haven't passed any major reform legislation tightening the noose on what insurance companies can and can't do? It seems to me that someone need to take insurance companies down a notch or two.
Would you care to expand on this cryptic statement?
I'm not sure what it is exactly you are trying to say.
That's why he's trying to do something about frivolous lawsuits that drive up the cost of our medical care. That's just one of the things he's trying to do. He has many other ideas too if you check out his website.
Wonder how much they rose under Clinton. It should be comperable.
Renee ~~~
Renee ~~~
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