Premiums for employer-sponsored family insurance increased by 50 percent from 2003-2010, according to a report from The Commonwealth Fund.
The report, titled "State Trends in Premiums and Deductibles, 2003-2010: The Need for Action to Address Rising Costs," found that by 2010, 62 percent of the U.S. population lived in a state where health insurance premiums equaled 20 percent or more of earnings for a middle-income individual under age 65. There are currently very few states where premiums are relatively low compared to income.
In 2003, there were 13 states where annual premiums made up less than 14 percent of the median income; by 2010, there were none. Employer-sponsored family health insurance increased 50 percent across states from 2003-2010, reaching an average of $13,871 by 2010. Premiums for family coverage were highest in New York, Rhode Island, Connecticut, Florida, New Hampshire and Washington, D.C.
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The report, titled "State Trends in Premiums and Deductibles, 2003-2010: The Need for Action to Address Rising Costs," found that by 2010, 62 percent of the U.S. population lived in a state where health insurance premiums equaled 20 percent or more of earnings for a middle-income individual under age 65. There are currently very few states where premiums are relatively low compared to income.
In 2003, there were 13 states where annual premiums made up less than 14 percent of the median income; by 2010, there were none. Employer-sponsored family health insurance increased 50 percent across states from 2003-2010, reaching an average of $13,871 by 2010. Premiums for family coverage were highest in New York, Rhode Island, Connecticut, Florida, New Hampshire and Washington, D.C.
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