Health Insurance Premiums Increase Faster Than Wages

Health insurance premiums increase faster than wagesAccording to a consumer health advocacy group, North Carolina health-care premiums are rising faster than people's wages.

A report released by Families U-S-A says premiums rose seven-and-a-half times faster than earnings during the past six years.

For family coverage, premiums went from about 66-hundred dollars
in 2000 to more than 12-thousand dollars in 2006 -- a nearly 86
percent increase. In the same period, median annual earnings went up by eleven-point-four percent. The group also says that premiums increased even as the benefits declined.

According to Families U-S-A, one-point-three (m) million people
in North Carolina have no health insurance.