Health premiums have risen 131% in 10 years

Clearly, our nation’s health care system is just fine:

The average cost of health insurance provided by employers crossed another threshold this year, topping $13,000 for family coverage for the first time, according to a widely followed national survey.

The cost of providing health benefits for families now averages $13,375 a year, with employees paying $3,515 and employers paying $9,860, according to the annual survey by the Kaiser Family Foundation and Health Research & Educational Trust, an affiliate of the American Hospital Association.

Eleven years ago, family coverage cost $5,791 a year. Since 1999, premiums have increased 131%, compared with a 28% increase in inflation.

What I’m wondering is when the free market in health insurance will provide lower costs and higher levels of service, as has been promised by some opponents of health care reform.

H/T to Dan Cody.

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1 thought on “Health premiums have risen 131% in 10 years

  1. Zach, Zach, Zach…

    I’m tempted to write this in all caps because apparently you haven’t heard me when I’ve said it before:

    The opposition to Obama & the Democrats healthcare reform is not against all reform or in favor of the status quo. It’s not their plan or nothing! You keep putting this false dichotomy out there ā€“ do you know it’s not true and continue doing it anyway or do you just not get it?

    What Iā€™m wondering is when the free market in health insurance will provide lower costs and higher levels of service, as has been promised by some opponents of health care reform.

    I’ll tell you what ā€“ when we have a free market in healthcare, then we can talk about it’s shortcomings as I’m sure there would be some. Our current healthcare system is nothing resembling a free market.

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