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.