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Having trouble affording your health insurance? A new study out today shows that health premiums are rising at 9% a year, far outpacing increases in inflation and wages. Families are now paying $15,000 per year in insurance premiums on average.
The nonprofit Kaiser Family Foundation also found that fewer workplaces are offering their employees health insurance. Companies that do expect greater contributions from workers compared with a decade ago. Meanwhile, more Americans are putting off seeking medical care because costs are too prohibitive.
When jobs are scarce, fewer employers offer health insurance and consumers must pay more out of pocket, does it still make sense to get our health coverage though work? If not, are the health exchanges promised in the Affordable Care Act a better alternative? What model do you favor?