Posted by Jason Colon in 
The following are few quick facts about health insurance costs from the National Coalition on Health Care.
- In just three years, the Medicare and Medicaid programs will account for 50 percent of all national health spending.
- The average employer-sponsored premium for a family of four costs close to $13,400 a year, and the employee foots about 27 percent ($3,618) of this cost. Employer-sponsored premium will reach nearly $25,000 per year by 2018 ($6,750 for employees).
- Employer health insurance costs overtook profits in 2008, and the gap grows steadily.
The Impact
- A recent study found that 62 percent of all bankruptcies filed in 2007 were linked to medical expenses. Of those who filed for bankruptcy, nearly 80 percent had health insurance.
- According to another published article, about 1.5 million families lose their homes to foreclosure every year due to unaffordable medical costs.
Read the complete list on the National Coalition on Health Care website.
