The Invisible Hand Of The Market...
...continues to squeeze our necks:
Health insurance premiums paid by workers and their employers rose an average of 6.1 percent this year, outpacing inflation and pay increases and taking a bigger chunk out of families' budgets, according to a new survey.[...]
Insurance costs probably will rise again next year, according to the survey released Tuesday by the Kaiser Family Foundation, a health care research organization that annually tracks the cost of health insurance. Many of the more than 3,000 companies surveyed said they planned to make significant changes to their health plans and benefits, and nearly half said they were very or somewhat likely to raise premiums.
This year, premiums reached an average of $12,106 for a family of four, with workers paying, on average, $3,281 of that. Premiums to cover a single person cost $4,479, with employees paying $694. The portions both families and single people pay in premiums has nearly doubled since 2001.
But remember: Advocating anything other than staying the course, if you will, is tantamount to advocating Stalinism.
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