Wednesday, Sep 12,2012
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According to a recent survey by the Kaiser Family Foundation, health insurance premiums across the country rose slightly during the last year.
According to the survey, the cost of health care premiums rose by 4 percent during the course of the year, which the foundation states is well below the increase of the previous year and half the average 8 percent increase seen during the previous decade.
Annual premiums for employer-sponsored family health plans now stand at approximately $15,745. However, in Midwestern states like Kansas and Missouri, premiums rose by only 0.5 percent to $15,388 per year.
Health insurance premiums have been on the rise since Kaiser began the survey in 1999, starting at just under $6,000 per year and growing with inflation to the current price. From 2010, to 2011, premiums increased sharply, growing from an average of $13,644 in 2010 to $14,809 in 2011, a 9 percent increase.
According to Kaiser, the large increase of the previous year is blamed mostly on insurers, who assumed incorrectly that as the economy revived, so would consumers' use of health insurance. But they did not use health insurance as much as expected, which is the reason for this year's more moderate increase.
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