Tuesday, September 22, 2009

Florida's grim numbers on health insurance vs pay

This word is just in from the White House:
  • Average Florida family health premium growth over 10 years is 121 percent, compared to just 43 percent wage growth.
  • We're nonetheless doing better than Sarah Palin's former subjects in Alaska, where health insurance premiums rose 145% and wage growth was 35% since 1999 -- worst disparity in the US.
This information comes from a speech Vice President Joe Biden gave to a group of state insurance commissioners. Among other bad numbers: in the past year the national average annual family premium for employer-sponsored health insurance rose to $13,375 – a shocking 5.5 percent increase during a recession when inflation actually fell by 0.7 percent.

Reform time, anyone?

Read the full report yourself.

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