September 23, 2017
News Latest News | Poll Questions | Hurricane Maria | Orion Krause | Obamacare

Study: Health care costs grow 4 times faster than pay

The Associated Press

PORTLAND, Maine — A new study shows family health care premiums have grown more than four times faster than income this decade in Maine.

Families USA said Wednesday health insurance premiums rose by 101 percent, while median earnings rose by only 22 percent from 2000 to 2009.

Ron Pollack, executive director, says health care costs continue to grow even as employers scale back health plans and raise deductibles and co-payments. Families USA says the average annual family health insurance premium rose from $6,915 to $13,927 over the 10-year period.

The report was released a day after President Barack Obama visited Portsmouth, N.H., to press the case for health care reform.

Did we get something wrong? Please, Let us know, submit a correction.

You may also like