Website Debunks the Lawsuit Myth About Skyrocketing Healthcare Costs
Thanks to myDD for bringing this back into the light - it will get lost, and along with radical energy cost increases and post-secondary education costs, health care costs are a significant, and ever increasing, burden to the average Joe. Insurance profits are skyrocketing along with the premiums paid for health insurance...check the links above...Two quick quotes...one from New York Newsday (via MyDD):
Premiums have soared 73 percent since 2000, far outpacing the rate of inflation and wage growth, which grew at 3.5 percent and 2.7 percent respectively, according to the 2005 Annual Employer Health Benefits Survey, released yesterday.
Next, from the Globe (via the Think Progress link):
Meanwhile, malpractice insurance premiums for internists, general surgeons, and obstetricians have skyrocketed since 2000, jumping 20 to 25 percent in 2002 alone…
''It's not payments that's causing this," Chandra said. ''The simple explanation that comes to mind is the underwriting cycle. If they're making less money from the investment side of things, it's going to cause [insurance companies] to raise rates."
posted by jimboses @ 3:26 PM
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