Want to buy health insurance for your family? Last year, that would have cost you almost $18,000. In 1999, the cost would have been closer to $6,000. Here’s a table showing the steady rise in prices:
Surprised at the $18,000 number? That’s because much of that cost is being picked up by your employer. You aren’t paying $18,000 out of your paycheck for insurance. But you are the one paying. Rising insurance costs are a major reason for stagnant wages.
The views, opinions and positions expressed by these authors and blogs are theirs and do not necessarily represent that of the Bioethics Research Library and Kennedy Institute of Ethics or Georgetown University.