This is bad news if your employer pays for most of your health insurance, but good news if you're an advocate of a single-payer system. Since no politicians really care about the 50 million people who can't get health insurance on their own, and voters don't seem to care much either, the only way we will ever get insurance for all is when employers hurt so badly they start dropping insurance (which is already happening and will likely continue; see Exhibit 10 here) and the middle class starts whining so loudly politicians can't ignore them.
The Kaiser Family Foundation said today:
Since 1999, the dollar amount workers contribute toward premiums nationally has grown 168 percent, while their wages have grown by 50 percent, according to the survey.KFF estimates that about 1.5 to 2 percentage points of the 9% increase came from new rules put in place by Obama's PPACA health care legislation.
Here is the history:
More informative charts from KFF can be found here.
Health care seems like it's in a barrel that's bursting at the seams. Every year the news is bad and the barrel bulges a little more. How long until the staves give way and it breaks completely?
Apologies for my cynicism (well, not really).