Health insurance ‘Premiums vs Paychecks’
Throughout the first eight years of the new millennium, health care costs have skyrocketed, while working families’ wages have stood still.
The impact caused by rising health care costs and stagnant earnings differs considerably among the 50 states. In 2006, the national health-care advocacy organization Families USA undertook the first state-by-state analysis of growing health care premiums versus stagnant earnings in the new millennium. Since then, state economies have weakened, while health insurance premiums have continued their upward trend. Health care costs are now an even greater burden on American families. These reports, which are based on data from the U.S. Census Bureau, the Department of Labor, and the Department of Health and Human Services, examine what these trends mean for working families.
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