900 N. Kings Highway, Cherry Hill, New Jersey 08034
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The Online Advisor

October 2007

Smart Business

Health insurance costs outpace inflation


According to the annual survey of employers conducted by the nonpartisan Kaiser Family Foundation, the cost of health insurance rose 6.1% this year. That's more than double the annual rate of inflation (measured in July) of 2.4%. The increase in health insurance premiums since 1999 has outpaced both wages and inflation for the same time period.

According to the Kaiser survey, the average annual cost for a family's insurance is $12,106; the cost for an individual is $4,470.

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