May 18, 2005 — For many of us, it will come as little to no surprise that over the last year, average premiums for health care insurance reached a shocking monthly high of $829 or an annual high of about $9,950 for families and monthly highs of $308 or an annual highs of $3,695 for singles who’d purchased private health insurance coverage.

Preferred Provider Organizations (PPO’s), the insurance structure responsible for providing coverage to the majority of the nation’s workforce, rose to $851 on average per month or $10,217 on average annually, up significantly from 2003’s monthly average of $776 or $9,317 annually. What’s most illuminating however, is the simple fact that family plan health insurance premiums have risen an astonishing 59% since 2000. Those same surveys also revealed that the percentage of employees covered by group health plans nationwide has dropped from 65% in 2001 to 62% percent today . . .

Faced with continually escalating premiums and fewer and fewer employer-sponsored health insurance packages besides, employees nationwide have been forced to turn to privately-sponsored health insurance alternatives in their search for affordable but comprehensive medical indemnity coverage. And, it doesn’t take much in the way of scouting the healthcare landscape to see why more us than ever before are evidencing a substantial level of concern regarding the costs of family indemnity coverage.

Pages: 1 2 3