Healthcare Cost in the United States Set to Surge in 2012

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We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from Kaiser Health Plans . www.StockMarketFunding.com Healthcare Cost in the United States Set to Surge in 2012. The cost of employer-sponsored health insurance surged this year, snapping a trend toward moderate growth, but experts say these increases may slow again in 2012. Annual premiums for family coverage climbed 9 percent and surpassed 000 for the first time, according to a report released Tuesday by the Kaiser Family Foundation and the Health Research and Educational Trust. Premiums for single coverage rose 8 percent compared to 2010. That compares to increases last year of 3 and 5 percent for family and single coverage, respectively. The study shows that premiums for both family and single coverage have more than doubled since 2001, while worker wages have risen 34 percent. Kaiser CEO Drew Altman said a number of factors may have played a role in this year's percentage jump. He noted that health care costs continue to rise, and insurer profits and the health care overhaul also have some impact. The overhaul, which Congress passed last year, aims to eventually cover millions of uninsured people. Kaiser said initial provisions of the law contributed between 1 and 2 percentage points to this year's premium hikes, which is about what many insurance analysts and benefits experts expected. Companies and workers split premiums for employer-sponsored coverage, the most common form of health insurance in the United States, and employers generally pick up 70 percent of the bill or more. Businesses ...

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