Nationwide statistics about health insurance premiums between 2003 and 2010 have shown that every state’s costs have been soaring. The state-by-state analysis was performed by a nonprofit health policy foundation called the Commonwealth Fund. What the research discovered was that within that span of seven years, the family coverage premiums soared by an average of 50 percent. The report about the findings predicted that if premiums continue to rise at the same rate, then the average premium paid by a family will explode to almost $24,000 per year by 2020.…
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Reports suggest that employers will not be cutting back on insurance benefits due to reform
By now, the controversy surrounding the McKinsey & Co. report is well known. The report, released earlier this year, claims that the federal healthcare law, the Affordable Care Act, will leave more people without insurance than there are now. Politicians have been debating the findings of the study but there is little in the way of evidence they can offer to counter the claims therein. However, two new reports sponsored by the Robert Wood Johnson Foundation, the largest philanthropy organization devoted to health care issues in the U.S., refutes the…
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