Tuesday, September 15, 2009
Kaiser Family Foundation has a survey of the cost of employer provided insurance. The average premium in 1999 was $5,791 (employer portion $4247, employee $1543) while this year it is $13,375 (employer $9860, employee $3515). Wages over the same period have risen about 30%. In short, if we do nothing, most of your salary increases will go to health insurance over the next 10 years if we do nothing.....just like they have the last 10 years.
Posted by Don Taylor at 11:49 AM