Wednesday, September 12, 2007
Rising Insurance Costs
According to the Kaiser Family Foundation the cost of insurance premiums has gone up 78% since 2001, much more than the 19% increase in wages and 17% jump in inflation. This year the amount went up 6.1% while wages went up 3.7% and inflation rose just 2.6%. Kaiser estimates that 1 to 2 million people join the ranks of uninsured every year.