This isn't going to come as a surprise to anyone paying for health insurance today, but the costs continue to rise. According to the Kaiser Family Foundation family plan premiums are now up to $15,073 on average, an increase of 9%. This is triple the growth just last year.
Increases for single employees grew 8% to $5,429 per year. Premium increases have had a starring role in the ongoing health care debate. Before the new health care law the insurance company WellPoint tried to raise rates in California by 39%.
All of this while America has an unemployment rate over 9%. Some reports put the unemployment rate for men 44-62 at 25% or above Great Depression levels.
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