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Politics : Foreign Affairs Discussion Group

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To: c.hinton who wrote (263645)5/8/2008 3:50:34 AM
From: geode00  Read Replies (1) of 281500
 
"2007 National Survey of Employer-Sponsored Health Plans

Total health benefit cost rose by 6.1 percent in 2007, the same pace as last year, to an average of US$7,983 per employee, according to the National Survey of Employer-Sponsored Health Plans, conducted annually by Mercer.

The good news is that cost increases have held steady for three years (after spiking to nearly 15 percent in 2002) and are likely to slow a bit further in 2008. The bad news is that’s still more than twice the rate of inflation. Health cost growth is outpacing wages and material costs and eroding business profitability."

mercer.com

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IMO the system is imploding for everyone except those cushioned by very good employer-sponsored insurance or those too rich to care. The system can only run at twice (or more) the rate of inflation for just so long before people start to notice that something is out of control. As with gas prices, the level of pain has become too high.
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