Healthcare costs growing despite slower-rising premiums
Since the Affordable Care Act became law, health insurance premiums have risen slower than years past.
However, the cost to employees is increasing “Annual premium increases have far exceeded wage growth for more than a decade,” recent research shows.
From 2003 to 2013, premiums have increased faster than median incomes for employees under the age of 65 in every state...
Massachusetts also has some of the most expensive single-person plans in the country
a $1,480 annual average it shares with Florida, New Hampshire, Delaware and Connecticut. With an average of $751, Hawaii, Washington state, Oregon, Montana and Arkansas have the cheapest premiums. Overall, the national average grew from $606 a year in 2003 to $1,170 in 2013, Commonwealth found. Annual costs grew by 100% or more in 15 states — Nevada’s increased 175%.