Health-Care Costs' Sickening Surge
If you think your health benefits are taking a big bite out of your paycheck, brace yourself. It's going to get worse. While just 56% of large companies charged employees more for their health plans this year, 78% say they'll likely raise rates in 2003, according to a new study by the Kaiser Family Foundation and the Health Research & Educational Trust. That's because monthly premiums for employer-sponsored health plans rose 12.7% in 2002 -- the biggest jump since 1990 -- and experts says they'll climb 15% more in 2003.
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