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Health Rates in the West Are Up 109.2%

by 198 Mexico News
January 29, 2022
in MEXICO BUSINESS HELP
Reading Time: 1 min read
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Personal family medical insurance has risen over 109% last decade in California alone. Most other states in the Western part of the United States also experienced these extremely high medical insurance increases for families.

In the same period of the last 10 years families have seen their incomes rise proximately 25% while their insurance for their families premiums have risen in excess of 109%. The average cost for a family’s private personal medical insurance in the state of California averages about $13,026 for the year.

The states of Alaska, Washington, Arizona, Colorado, Oregon, Utah, New Mexico have all experienced close to the same high increases as the state of California.

As individual families are considering the proposed health care options from the federal government, they will be keenly aware of the premiums that they are paying on a monthly basis have gone up over 190% in 10 years.

In the same period of time employers have cut back on their contributions in the workplace to employee’s health care plans. While employees might not be paying the same as the individual families in high insurance monthly health premiums the business employee is very much aware of their monthly increased cost that has been passed on to them by the employer. Employees at work are facing higher copayments, higher deductibles, limited or no coverage for coverages they had in the past such as; vision, dental, and chiropractic services.

The disparity between wage increases and health care increases obviously cannot continue at this pace as it will create a crushing blow for individual families across the United States.

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Source by R. Glenn Matsen

Tags: aon mexico business supportHealthmexico smesnew mexico small business supportratessupport mexican businesswest
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