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Health insurance cost up 11.2% this year

Some companies are offering workers financial incentives to be healthy.

JULIE APPLEBY
USA TODAY

The cost of health insurance provided by employers rose an average of 11.2 percent this year and is expected to rise again in 2005, adding to the economic anxiety of workers and businesses.

It is the fourth-straight year of double-digit premium increases.

For the first time, the average cost of a family policy in the most popular type of insurance - known as a PPO - went above $10,000, according to an annual survey of more than 3,000 large and small employers conducted by the nonpartisan Kaiser Family Foundation.

Article from: Tucson Citizen