Cost of health insurance rising faster than pay

WASHINGTON — A national advocacy group says health insurance premiums rose five times faster than earnings in Illinois from 2000 to 2009.

More details are scheduled for release Thursday in a report from Families USA, a group working to expand health care coverage. The group based its findings on federal data.

The cost of health insurance is outpacing inflation, driven by the rising cost of medical care.

Congress is considering several bills that aim to restrain costs and cover the uninsured. But benefits consultants have said if any reform is passed this year, it won’t have a major effect for a few years.

______

Copyright 2009 Chicago Defender. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

About Post Author

Comments

From the Web

Skip to content