Will This Be The Primary Effect Of The Health Care Reform?

[tex]

Average medical costs for a typical U.S. family of four enrolled in an employer-sponsored preferred provider organization plan rose $1,303 this year to $18,074, the largest dollar increase since the Milliman Medical Index began in 2005.

The costs, which include employer and employee premium contributions, copayments and deductibles, grew an average 7.8% this year, up from 7.4% last year, Seattle-based Milliman Inc. said Tuesday.

Now averaging $10,744, the average employer share surpassed $10,000 for the first time for the typical family of four’s PPO coverage, Milliman said.

http://www.businessinsurance.com/articl ... /100519980

Note that this is the largest increase in at least 5 years, and probably much longer, since this index has only existed for 5 years. In the middle of a severe recession, with many basic costs deflating, why are average medical costs up by such an extravagant amount?

These costs could grow as a result of health care reform, Milliman predicted.

I'll bet that prediction is right.

Tex

[starfire]

I'll bet so too!! By a whole bunch!!

Love, Shirley

[MaggieRedwings]

I bet it is true too! My insurance here at work this year was not a 7% increase but a 23% increase. It is getting way out of hand.

Love, Maggie