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.: April 2009 --> In a wage increase vs health cost smackdown, everyone loses

In a wage increase vs health cost smackdown, everyone loses

» Take a look at this bar graph.

[B]etween 1999 and 2008, employer-sponsored health insurance premiums increased six times faster than wages. Average employer contributions to family health care plans more than doubled, and so did average worker contributions to those plans. Whatever pay increases the average worker received were wiped out, and then some, by the rapidly growing amounts deducted from his paycheck to cover health insurance. That's assuming he was lucky enough to be among the 59 percent of the U.S. population that received employment-based health insurance. [...] During the same period, deductibles tripled.


 [ 04.15.09 ]




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