Cost of health insurance premiums drives UD to seek more funding

Health insurance - University of Delaware Funding

Officials from the University of Delaware have requested additional money from the state legislature. University of Delaware officials recently issued a request to their state legislature for additional funding to help them to cover increases to health insurance premiums. At the same time, the university is also seeking more money for providing state residents with scholarships. The funding would also help to support a dual degree program between the University of Delaware and Delaware State University. The funding requests arrived at the University of Delaware’s annual Joint Finance Committee (JFC)…

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Employer-based health insurance premiums are skyrocketing

Health insurance Premiums skyrocket'

The average family is paying 47 percent more than they were a decade ago, outpacing inflation and wage growth. Americans who receive their health insurance through their employers are paying substantially higher premiums in 2021 than they were in 2011, according to a new Kaiser Family Foundation report. Employer-sponsored health insurance has seen a 47 percent rise in premiums, said the report. This health insurance premium rise has been moving faster than wage growth (31 percent) and inflation (23 percent) that took place during that same decade. This year, annual…

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