Health Care Insurance Costs
(2/2/12)- A recent study done by the Commonwealth Fund, a private foundation that does research on health policy issues, found that total health care insurance premiums for workers and their employers had risen by 50% from 2003 to 2010 to nearly $14,000.
Employees share of the premium came to almost $3,700 for family plan membership, up from roughly $2,300 in 2003. On top of the increased premium, the average family deductible that is the responsibility of the worker before the insurance kicks in, nearly doubled during this period of time to almost $2,000.
Complicating matters even further, and also increasing the expense that must be paid by the employee is the fact that more and more doctors and medical professionals may not be in the "network" for the plan. This deductible is separate and apart from the deductible that must be met by an out-of-pocket expenditure by the worker and his family.
FOR AN INFORMATIVE AND PERSONAL ARTICLE ON PRACTICAL SUGGESTIONS WHEN SELECTING A NURSING HOME SEE OUR ARTICLE "How to Select a Nursing Home"
Allan Rubin
posted February 2, 2012
To e-mail: hrubin12@nyc.rr.com or rubin@brainlink.com