According to a recent report released by the Kaiser Family Foundation, insurance costs have increased 131 percent since 1999, when a year of family coverage cost about $5,791. Compare that to 38 percent increase in wages and 28 percent growth of inflation over the same period
This just underscores why health-care reform which can provide affordable healthcare to everybody and at the same time control health care costs is needed urgently.
Yearly Health Care Premiums:
Image source Kaiser Family Foundation 2009 survey of Employer Health Benefits
Yearly Inflation Rate:
Inflation rate data obtained from Inflationdata.com
Tuesday, September 15, 2009
Why Health Care Reform is Needed Now
Labels:
Capitalism,
Economics,
Economy,
Healthcare,
Inflation,
US
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