Projected cost of Health Insurance Premiums by 2020

Curious as to what the world may look like without health reform? Take a look at the chart in this blog from Kaiser and the Commonwealth Fund. We continue to hear legitimate concerns about health reform, but we are also hearing loudly that employers and employees are at the end of their limits when it comes to paying for health insurance.

With renewals in the 20-30 percent range--we think our client's concerns are valid. Making plan concessions and requiring employee contributions is a solution--but not year end and year out. The medical inflation number of 10 to 12 percent is logically not sustainable. We hope that reform discussions continue to adress inequities within insurance, but also within the areas of tort reform, pharma control and what physicians and hospitals receive. Without addressing all areas--especially the "cost of care", private plans and public plans will fail equally.

http://www.commonwealthfund.org/Content/Blog/Why-Health-Reform-Must-Counter-the-Rising-Costs-of-Health-Insurance-Premiums.aspx