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September 12, 2007

Family health insurance annual cost tops $12,000

  • Since 2001, the cost of premiums has gone up 78 percent, far outpacing a 19 percent increase in wages and 17 percent jump in inflation.
    • By EMILY FREDRIX
    AP Business Writer

    Health insurance premiums paid by workers and their employers rose an average of 6.1 percent this year, outpacing inflation and pay increases and taking a bigger chunk out of families' budgets, according to a new survey.

    Premiums for employer-sponsored health insurance for the average family topped $12,000 — with employees picking up about one-fourth of that cost — although the increase in premiums slowed for a fourth straight year.


     
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