Wisconsin is among the top states whose workers are paying more toward their employer sponsored health coverage according to a new study. The Commonwealth Fund found the price of family health insurance premiums increased nationally by 50 percent from 2003 to 2010.
“In summary paying more for insurance over seven years, getting less financial protection at a time when incomes just aren’t going up that fast, “says Cathy Schoen who authored the report for the East Coast group.
Wisconsin was ranked among 16 states where average employer-based family plan is more than $14 thousand annually.
She says provisions of the Affordable Care Act will help curb future premium hikes. Starting next year insurance carriers which only use a small percentage of premium funds toward actual care – will have to offer rebates to enrollees. Schoen also says the upcoming state health care exchanges will allow persons to shop around for cheaper coverage.
