A New study projects that with rapid increase in employer sponsored health insurance the premiums increase over the next 10 years which say that premiums would rise by 94% in the year 2010 with severely trained families and employers.
A study revealed out that the premiums for employer sponsored insurance continue to rise at current rates with the average premium for family coverage which increases by around 94% as stated now.
The study also noted that employers pay most of costs of premiums, from whom the workers suffer stagnated wages and reduced savings with employer looking for ways to cut corners for health insurance. A latest trend reveals that there is just 119 percent rise in health insurance premiums with median income rising to just 29 percent.
Even with trade-offs for lower pay, the workers are contributing to cost of employer based health care which would eat up small wages they increase for receiving them based on what they have.
The study found that health care reform would slow the premium growth by just 1% point in the state, with employers and families saving around $2,571 for premiums coverage by 2020. There would be slowing down of costs by around 1.5 percent which would reap the savings of $3,759 per premium based on current projections.
Many say that slow growth of health care costs would go a long way for health and financial stability for working families.
A study revealed out that the premiums for employer sponsored insurance continue to rise at current rates with the average premium for family coverage which increases by around 94% as stated now.
The study also noted that employers pay most of costs of premiums, from whom the workers suffer stagnated wages and reduced savings with employer looking for ways to cut corners for health insurance. A latest trend reveals that there is just 119 percent rise in health insurance premiums with median income rising to just 29 percent.
Even with trade-offs for lower pay, the workers are contributing to cost of employer based health care which would eat up small wages they increase for receiving them based on what they have.
The study found that health care reform would slow the premium growth by just 1% point in the state, with employers and families saving around $2,571 for premiums coverage by 2020. There would be slowing down of costs by around 1.5 percent which would reap the savings of $3,759 per premium based on current projections.
Many say that slow growth of health care costs would go a long way for health and financial stability for working families.
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