Friday, September 25, 2009

Insurance Premiums Soar

According to the 2009 Employer Health Benefits Survey by the Kaiser Family Foundation and the Health Research and Educational Trust, health insurance premiums have soared 131% since 1999, racing past the meager 38% increase in wages and the 28% increase in inflation during the same period. The report is based on a survey of 3,100 U.S. firms. That's why so many firms have reduced or eliminated health care insurance.

It's also why America needs to come to grips with a broken health care system that's consuming 16.7% of our nation's GDP.

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