Survey: Health Insurance Costs Surged in 2011

Tuesday, 27 Sep 2011 11:25 AM

 

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INDIANAPOLIS — A new survey shows that the average cost of employer-sponsored health insurance surged this year, snapping a trend toward moderate growth, but experts say increases may slow again in 2012.

A study by the Kaiser Family Foundation says annual premiums for family coverage climbed 9 percent compared to 2010, when they rose only 3 percent.

Companies and workers split the premium for employer-sponsored coverage, the most common form of health insurance in the United States.

The study does not delve into why rates spiked this year, but Kaiser officials say the cost of care continues to rise and new health care overhaul provisions played a small role.

Growth in health care use has slowed this year, and that may lead to slower premium growth next year.

© Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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