Family health insurance premiums $13,375

I did accounting for a small company back in Massachusetts. Part of my job was the arduous task of negotiating the health insurance coverage for the employees. Each year we had to take a look at what companies were offering, what it would cost and what the employee would have to do without. It was never a matter of searching for better plans as it was searching to save what we could for the company and the employees.

Each year we had to tell them how their raise was going to have to pay for the increase the company had to make and then tell them they would have to pay more out of their paychecks for their share as well. A pay raise they were used to making ended up being a pay cut over health insurance. I have a problem with calling it healthcare coverage since it is not about taking care of their health, but about addressing an insurance company. They had no problem getting their doctors paid since they really liked their doctors, but making sure the insurance company was paid by eating away their raises, well, that was a different story.

This is something a lot of people just never stop to think about. It's not just a matter of the health insurance companies making a profit, they end up making a killing when you get right to the bottom of what's been allowed to happen.

Family health insurance premiums $13,375

MENLO PARK, Calif., Sept. 15 (UPI) -- An annual U.S. survey of non-federal private and public employers indicates most employers and employees are paying more for health insurance.

The Kaiser Family Foundation and the Health Research & Educational Trust survey found in 2009, the average annual premiums for employer-sponsored health insurance were $4,824 for single coverage and $13,375 for family coverage. Premiums for family coverage are 5 percent higher than last year, but there was no statistically significant growth in the single premiums.

Since 1999, average premiums for family coverage increased 131 percent while the average worker increase was 128 percent for the same period.
read more here
Family health insurance premiums