Comment on Without Reform, Health Insurance Premiums Could Double By 2020

Without Reform, Health Insurance Premiums Could Double By 2020

Without health care reform, health insurance premiums could almost double by 2020, according to a report by the Commonwealth Fund, a 90-year-old non-profit health care charity. According to "Paying the Price: How Health Insurance Premiums Are Eating Up Middle-Class Incomes," employer-sponsored family plans will rise from an average cost of $12,298 in 2008 to $23,842 in 2020 (the same coverage would have cost close to $9,200 in 2003) if health-care costs continue to rise at the current rate. The study found that: The rapid rise in health insurance premiums has severely strained U.S.

 

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