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Posts Tagged ‘premiums’

February 26, 2009

Many More Expected To Lose Health Insurance In US »

A new report from the Institute of Medicine finds that more US residents will lose their health insurance as the economy continues to weaken and health care costs continue to rise. Many companies have begun to replace full-time positions with part-time, contract and temporary positions that do not include health insurance. The report also found that increased health insurance premiums have prompted more employees to seek out alternative options outside of plans offered by companies. According to the report, the average annual employee premium contribution for family health insurance coverage increased from $1,543 to $3,354 between 1999 and 2008.

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