September 14, 2007

Health insurance premium pain level increasing

The Kaiser Family Foundation’s annual study of employer-based health care insurance has a mixed message this year.

While the 6.1% jump in the average family premium is smaller than in recent years, the average annual total premium cost for family coverage is $12,106 – much more than a minimum wage earner bring home in a year. And the average annual worker contribution for that family coverage is now $3,281 – double what it was just seven years ago.

Kaiser president Drew Altman said, “Even if the rate of increase is lower, the pain level is actually higher.”

Posted by schwitz at September 14, 2007 08:12 AM | TrackBack
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