Healthcare Premiums Increased 4 & 1/2 Times Faster Than Your Payraises

By: AP Email
By: AP Email

DALLAS (AP) - DALLAS (AP) - If you have been pleased with the pay raises you have recieved over the last few years, you won't be happy to know a rise in healthcare premiums erased those raises. A new report from a consumer health group says family premiums rose about 4½ times faster than earnings for Texas workers from 2000 through 2009.
The Washington-based nonprofit group Families USA reports
Tuesday that in that period, family health insurance premiums rose
by about 92 percent while median earnings rose by about 20 percent.
The nonpartisan group says the average annual health insurance
premium in the 2000-2009 period for family health coverage provided
in the workplace rose from about $6,600 to about $12,700. At the
same time, the Texas workers' median earnings rose from about
$23,000 to about $27,600.

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