health care costs Archives - Inflation Watch https://inflationwatch.drduru.com/tag/health-care-costs/ Watching for inflation here, there and everywhere Wed, 30 Dec 2009 14:05:33 +0000 en-US hourly 1 https://wordpress.org/?v=7.1.4 https://i0.wp.com/inflationwatch.drduru.com/wp-content/uploads/2025/07/cropped-new-hp-money-printing-plates.png-1.webp?fit=32%2C32&ssl=1 health care costs Archives - Inflation Watch https://inflationwatch.drduru.com/tag/health-care-costs/ 32 32 246324047 Great news for deflationists: health care costs continue to skyrocket https://inflationwatch.drduru.com/great-news-for-deflationists-health-care-costs-continue-to-skyrocket/?utm_source=rss&utm_medium=rss&utm_campaign=great-news-for-deflationists-health-care-costs-continue-to-skyrocket Wed, 30 Dec 2009 14:05:33 +0000 http://inflationwatch.wordpress.com/?p=836 This story will come as a surprise to no one except maybe the increasingly small handful of pundits who lie awake at night worrying about the perils of deflation: Last month was open-enrollment season, and my wife and I got an unpleasant surprise. For 2010 we’re looking at an annual health-insurance premium that’s $1,600 higher […]

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]]> This story will come as a surprise to no one except maybe the increasingly small handful of pundits who lie awake at night worrying about the perils of deflation:

Last month was open-enrollment season, and my wife and I got an unpleasant surprise. For 2010 we’re looking at an annual health-insurance premium that’s $1,600 higher than it is now, plus higher deductibles. Instead of flat co-pays, we’ll pay co-insurance, a share of the total costs. And this is with a plan provided by a Fortune 500 company that still spends big bucks on relatively generous benefits.

You may well be in the same boat. According to human-resources consultant Hewitt Associates, the average large-company employee will pay $4,023 in premiums and out-of-pocket costs next year — 10% more than in 2009 and more than three times the level in 2001.

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