"While family health insurance premium costs grew 131% over the past 10 years, inflation over that same period rose just 28.8% and hourly earnings rose by 38.1%. Since health insurance premiums are often shared between workers and their employers, this disproportionate rise in the cost of health insurance helps illustrate why it is increasingly difficult for both employers and their workers to afford." (EPI)
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Wednesday, December 15, 2010
Cost of health insurance skyrockets: EPI
The graph and comments below are from the Economic Policy Institute. You can receive these weekly "Snapshots" by signing up at http://www.epi.org/
"While family health insurance premium costs grew 131% over the past 10 years, inflation over that same period rose just 28.8% and hourly earnings rose by 38.1%. Since health insurance premiums are often shared between workers and their employers, this disproportionate rise in the cost of health insurance helps illustrate why it is increasingly difficult for both employers and their workers to afford." (EPI)
"While family health insurance premium costs grew 131% over the past 10 years, inflation over that same period rose just 28.8% and hourly earnings rose by 38.1%. Since health insurance premiums are often shared between workers and their employers, this disproportionate rise in the cost of health insurance helps illustrate why it is increasingly difficult for both employers and their workers to afford." (EPI)
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