Thursday, June 18, 2009

"Health care costs to rise again in 2010" ...Not Much of a Shocker


From MSNBC.com: Full Story Link

Thurs., June 18, 2009

INDIANAPOLIS - Employers who offer health insurance coverage could see a 9 percent cost increase next year, and their workers may face an even bigger hit, according to a report from consulting firm PricewaterhouseCoopers.

Costs will rise in part because workers worried about losing their jobs are using their health care more while they still have it, the firm said in the report released to The Associated Press. The report also said rising unemployment is driving up medical costs.

I don't know about you, but when our insurance company comes back to our union with the news that rates are going to increase 9%, we all do a happy dance. And here's the rub...we've grown accustomed to enormous rises in our rates that we're THANKFUL when it goes up 10%. Congressional Democrats need to kick the Republicans out of the car and force through reform WITH A PUBLIC OPTION!

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