|
|
Article: Survey: Private Health Insurance Premiums Rose 11.2 Percent in 2004, Increasing at Five Times the Rate of Growth in Workers' Earnings, Inflation; About 5 Million Fewer Workers Covered by Employer's Health Insurance Since 2001.
- Article from:
- AScribe Business & Economics News Service
- Article date:
- September 9, 2004
CopyrightCOPYRIGHT 2004 AScribe. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: Kaiser Family Foundation
WASHINGTON, Sept. 9 (AScribe Newswire) -- Employer-sponsored health insurance premiums increased an average of 11.2 percent in 2004 -- less than last year's 13.9 percent increase, but still the fourth consecutive year of double-digit growth, according to the 2004 Annual Employer Health Benefits Survey released by the Kaiser Family Foundation and Health Research and Educational Trust (HRET). Premiums for employer-sponsored health insurance rose at about five times the rate of inflation (2.3 percent) and workers' earnings (2.2 percent).
In 2004, premiums reached an average of $9,950 annually for family coverage ($829 per ...