Kaiser Study: Deductibles under Obamacare rising seven times faster than inflation

posted at 4:01 pm on September 24, 2015 by Kristina Ribali

We all remember the promise – President Obama famously told us time and time again that ObamaCare would lower health insurance premiums by $2,500 a year for families. But unless you’re receiving a giant subsidy from the government for your insurance, you’re not paying less in premiums, in fact, for employer sponsored plans, premiums have risen nearly $5,000 since Obama promised to cut them.  What about deductibles?  They haven’t decreased either. But don’t just take my word for it.

A new survey finds that in 2015 deductibles on employer-provided health plans actually rose by almost nine percent.

According to a new report by the Kaiser Family Foundation and the Health Research & Educational Trust, the increase brings the average deductible that workers must pay for their health insurance plans to $1,077; more than triple what it was a decade ago. As reported in the L.A. Times, “That is seven times faster than wages have risen in the same period.”

Kaiser Family Foundation president Drew Altman said, “It’s a quiet revolution. When deductibles are rising seven times faster than wages … it means that people can’t pay their rent. … They can’t buy their gas. They can’t eat.”

As a comparison, “workers’ wages increased 1.9% between April 2014 and April 2015, according to federal data analyzed by the report’s authors.”

The news is also bad for family plans as, the “average family plan cost workers $4,955, up 3% from last year.”

This is a significant problem for families trying to make ends meet.

Employers’ rising health costs are often singled out as a cause for stagnant wage growth in recent years, as businesses have put money into health benefits that might otherwise have gone to workers’ paychecks.

There is also growing evidence that the steep rise in deductibles and other out-of-pocket expenses such as co-pays are preventing workers from benefiting from the overall slowdown in healthcare cost growth.

Even the left acknowledges that workers are getting the short end of the stick, saying that workers are having the higher premiums and out-of-pocket costs passed on to them from their employers.

Unaffordable deductibles are also emerging as a major issue for health plans being sold on marketplaces created by the Affordable Care Act. The marketplaces, now in their second year, were designed to help people who don’t get health plans through an employer.

Most of the nearly 10 million people in marketplace plans qualify for subsidies to offset their premiums, but deductibles in many plans are thousands of dollars.

Peter Lee, executive director of Covered California, the largest state marketplace in the country told the L.A. Times that “Deductibles are a big problem for consumers.” He’s right. According to the Kaiser Family Foundation, “The average deductible for a silver plan on marketplaces nationwide this year is more than $2,500.”

If you’re already paying a couple of hundred dollars a month for your mandated health insurance and have a large deductible, you could be out nearly $5,000 before your insurance even kicks in.  If you couldn’t afford insurance before ObamaCare, this likely isn’t affordable either. At least before ObamaCare, high deductible policies had low monthly costs, and a wise consumer could save the money they weren’t spending on high premiums. But those plans aren’t ACA compliant and are no longer available.

With many companies subject to the upcoming “Cadillac Tax,” in 2018, the health care costs for American workers are likely to continue rising. The promised $2,500 savings is nowhere in sight and this latest survey once again shows that the “Affordable Care Act” has made health insurance more unaffordable than before.

________________________

Kristina Ribali is the Senior Coalitions Director for The Foundation for Government Accountability.  Follow her on Twitter or reach her by email at [email protected]

health care costs

 


Related Posts:

Breaking on Hot Air

Blowback

Trackbacks/Pings

Trackback URL

Comments

When premiums decline y’all are going to be pissed!
libfreeordie on May 7, 2014 at 10:18 AM

Schadenfreude on September 24, 2015 at 4:04 PM

Success!!

StubbornGreenBurros on September 24, 2015 at 4:07 PM

FORWARD!

WryTrvllr on September 24, 2015 at 4:09 PM

Wait…the Affordable Healthcare Act isn’t affordable?!?!?!? WHAT?

ghostwalker1 on September 24, 2015 at 4:09 PM

What’s stopping employers from increasing wages?
Companies are making record profits.

weedisgood on September 24, 2015 at 4:09 PM

When premiums decline y’all are going to be pissed!
libfreeordie on May 7, 2014 at 10:18 AM

Schadenfreude on September 24, 2015 at 4:04 PM

What an idiot LFOD is!

It’s right though….I am pissed.

Ditkaca on September 24, 2015 at 4:10 PM

Weird. I just shared this story and Marco Rubio’s picture went along with it. *smh*

Fallon on September 24, 2015 at 4:10 PM

Keep voting for more government, liberal jackwagons, you just keep on voting for more.

Bishop on September 24, 2015 at 4:11 PM

What’s stopping employers from increasing wages?
Companies are making record profits.

weedisgood on September 24, 2015 at 4:09 PM

Speaking of idiots

Ditkaca on September 24, 2015 at 4:11 PM

What’s stopping employers from increasing wages?
Companies are making record profits.

weedisgood on September 24, 2015 at 4:09 PM

You should blame Bush…you’d sound smarter..

ToddPA on September 24, 2015 at 4:13 PM

We know.
Barry lied.
The Kos Kidz are still going to vote for Shrillary.
What difference, at this point, does it make?

corona79 on September 24, 2015 at 4:14 PM

What’s stopping employers from increasing wages?
Companies are making record profits.

weedisgood on September 24, 2015 at 4:09 PM

Graduate of the Paul Krugman school of economics.

antipc on September 24, 2015 at 4:14 PM

What’s stopping employers from increasing wages?
Companies are making record profits.

weedisgood on September 24, 2015 at 4:09 PM

Maybe the really big companies are … but not the small businesses where most jobs are.

The problem lies in the government mandating everything a business does … like forcing them to provide health care. Some companies are on a razor’s edge thanks to Obama.

darwin on September 24, 2015 at 4:14 PM

What’s stopping employers from increasing wages?
Companies are making record profits.

weedisgood on September 24, 2015 at 4:09 PM

Someone needs to left all his quotes and make a book that outlines why weed is NOT good.

NotCoach on September 24, 2015 at 4:15 PM

What’s stopping employers from increasing wages?
Companies are making record profits.

weedisgood on September 24, 2015 at 4:09 PM

Someone needs to leftlift all his quotes and make a book that outlines why weed is NOT good.

NotCoach on September 24, 2015 at 4:15 PM

FIFM

NotCoach on September 24, 2015 at 4:16 PM

What’s stopping employers from increasing wages?
Companies are making record profits.

weedisgood on September 24, 2015 at 4:09 PM

I don’t expect this buffoon to be around in about 2 months from now.
weedisgood on September 24, 2015 at 11:51 AM

Bye, fool.

Schadenfreude on September 24, 2015 at 4:16 PM

When deductibles are rising seven times faster than wages … it means that people can’t pay their rent. … They can’t buy their gas. They can’t eat.”

Yeah, but at least we won’t have medical-bill bankruptcies!! They told us flat out that they were behind us.

Maybe you can’t eat; But you won’t go bankrupt!.

Axeman on September 24, 2015 at 4:16 PM

This will garner little to no coverage in the MSM.

All hail Obama’s “signature legislation” and glorious legacy!

otlset on September 24, 2015 at 4:16 PM

meh… I just get stoned and the prbolems go away.. no need for guns… smoke dope for piece.
weedisgood on June 1, 2015 at 12:28PM

A freak show
weedisgood on May 18, 2015 at 3:56 PM

Schadenfreude on September 24, 2015 at 4:17 PM

This was intended.

Crash the system so you can install single-payer.

The architect of this plan said it explicitly on video.

Monkeytoe on September 24, 2015 at 4:18 PM

What’s stopping employers from increasing wages?
Companies are making record profits.

weedisgood on September 24, 2015 at 4:09 PM

Yes, okay, every company is making “record profits”. It’s like the recession never happened.

/s

The Schaef on September 24, 2015 at 4:19 PM

Nice to meet you, Kristina Ribali. Haven’t seen you around here before, or maybe I was absent when you were here before.

Sure is nice to see someone who can write an article on something other than how lousy Trump is or how wonderful anyone other than Trump is.

As to the topic: I can just see 0bama rubbing his hands together over this, and saying “Everything is proceeding as I had foreseen”

LegendHasIt on September 24, 2015 at 4:19 PM

You know who’s to blame, don’t ya? (Besides Bush!) Greedy employers and greedy medical providers!!

Axeman on September 24, 2015 at 4:19 PM

Let it burn.

txmomof6 on September 24, 2015 at 4:19 PM

Naturally. You get government involved, you pay more and get less. This is a trend that won’t end. Most people don’t have $200 or more in disposable income a month to pay for health insurance. That’s like a car note that never is paid off. I can’t see this thing going on indefinitely, as is. Maybe after Obama is gone they will makes changes. I don’t think the pols will have a choice.

rickv404 on September 24, 2015 at 4:20 PM

A lot more money going in, a lot less health care coming out. Hmm…wonder where it’s ending up???

DrDeleon on September 24, 2015 at 4:20 PM

too bad, people should vote better then. they were warned.

dmacleo on September 24, 2015 at 4:21 PM

Who could have foreseen that? Except liberals, I mean.

The Rogue Tomato on September 24, 2015 at 4:22 PM

What’s stopping employers from increasing wages?
Companies are making record profits.

weedisgood on September 24, 2015 at 4:09 PM

Bwahahahahahahahahahahaha!!!! Oh, wait, you’re serious?

The Rogue Tomato on September 24, 2015 at 4:23 PM

What’s stopping employers from increasing wages?
Companies are making record profits.

weedisgood on September 24, 2015 at 4:09 PM

Does your case worker increase your stipend every time your cost of living jumps, “unexpectedly”?

antipc on September 24, 2015 at 4:23 PM

What’s stopping employers from increasing wages?
Companies are making record profits.

weedisgood on September 24, 2015 at 4:09 PM

Yeah. I guess having the Fed QE at everyone else’s expense to increase your election odds will have that effect.

WryTrvllr on September 24, 2015 at 4:24 PM

What’s stopping employers from increasing wages?
Companies are making record profits.

weedisgood on September 24, 2015 at 4:09 PM

Employers’ rising health costs are often singled out as a cause for stagnant wage growth in recent years, as businesses have put money into health benefits that might otherwise have gone to workers’ paychecks.

But, Employer’s are increasing the total compensation of workers, because a number of them are absorbing the premium increase. It’s just the cash portion of your compensation is not increasing because the benefit portion is.

Meanwhile, higher deductibles mean that your cash-on-hand gets depleted.

Axeman on September 24, 2015 at 4:24 PM

The answer to your questions was partly in the article. You haven’t gotten that much better at your job, but to increase the benefit portion and cash portion of your compensation is a much bigger burden on the employer.

Readisgood.

Axeman on September 24, 2015 at 4:26 PM

When premiums decline y’all are going to be pissed!
libfreeordie on May 7, 2014 at 10:18 AM

Schadenfreude on September 24, 2015 at 4:04 PM

Never gets old…

22044 on September 24, 2015 at 4:26 PM

Bending the cost curve!

clement on September 24, 2015 at 4:26 PM

What’s stopping employers from increasing wages?
Companies are making record profits.

weedisgood on September 24, 2015 at 4:09 PM

Brilliant observation! That’s why the stock market is doing so good. Oops, I just saw that the S&P 500 is down 6% for the year.

Well, then that must be why companies are hiring so many people. Oops again, percent of working age people is at its lowest point since 1978.

Well, good thing the economy is so strong so people can keep their jobs. Oops, Caterpillar announces:

Caterpillar is planning another round of job cuts that could exceed 10,000 people through 2018, as the construction and mining equipment maker adjusts to downturns in key markets.

weeweeisgood = textbook example why dope is for dopes.

parke on September 24, 2015 at 4:27 PM

Personally, our premiums have stayed roughly the same, but our out of pocket costs have gone up so it is a net loss. (For us not the insurance company).

We even made the decision to stop a prescription for my wife. It used to cost us $40 and now with the change in our insurance its $600. No thanks. Luckily it’s not a life threatening situation. But quality of life is taking a hit.

But other than paying more and having less care its awesome.

jjjdad on September 24, 2015 at 4:28 PM

Free preventative care is very expensive. Mandates too.

My prediction:

Soon, the current system will be called ‘unworkable’ and the single payer presented as the only rational option.

Then, employers will support single payer as a way to get out from under the mandates and costs.

Finally, the Republican Congress will support single payer – because they’ll do anything business wants (its their true constituency).

What the people want, and whats would really be best for people’s healthcare is irrelevant to government and business!

LilyBart on September 24, 2015 at 4:28 PM

Unexpectedly!

rbj on September 24, 2015 at 4:33 PM

Bending the cost curve!

clement on September 24, 2015 at 4:26 PM

Hey, just maybe you should chime in a little more often!

WryTrvllr on September 24, 2015 at 4:34 PM

Finally, the Republican Congress will support single payer …

LilyBart on September 24, 2015 at 4:28 PM

Because Failure Theater is still doing box office.

Axeman on September 24, 2015 at 4:35 PM

What’s stopping employers from increasing wages?
Companies are making record profits.

weedisgood on September 24, 2015 at 4:09 PM

CNBC
U.S. stocks slump; Industrial heavyweight Caterpillar tumbles

Timing is everything.

CW20 on September 24, 2015 at 4:38 PM

This was intended.

Crash the system so you can install single-payer.

The architect of this plan said it explicitly on video.

Monkeytoe on September 24, 2015 at 4:18 PM

+1

gwelf on September 24, 2015 at 4:41 PM

What’s stopping employers from increasing wages?
Companies are making record profits.

weedisgood on September 24, 2015 at 4:09 PM

Lead by example weed. Start a business and give your employees as much as you like. Be a shining beacon for the rest rest of us.

Oldnuke on September 24, 2015 at 4:42 PM

A 9% increase in deductible sounds lovely. Mine went from $2,000 to $3,750-and my premium payment INCREASED.

Thank you Democrats.

And thank all you lilly-livered Republicans who keep promising to “repeal” Obamacare.

A pox on all your houses

Turn MD Red on September 24, 2015 at 4:44 PM

THISISSOWEEYID

WHOKOODAPREDICTHIS?

everyone

MEmaYBEHEAREDaVOICE

everyone. everyone predicted this

CRAP JUSTWHENMYDAMNMEDSRUNNEDOUT

PaleoRider on September 24, 2015 at 4:45 PM

Capping FSA annual contributions at $2550 does not fully cover you if you have a high deductible and out-of-pocket limit. (Plus separate Rx and dental expenses would not go toward meeting your medical deductible.)

HSA’s can help, but you have to have disposable income to put into it for it to really help. People who are struggling to make ends meet don’t gain a whole lot if they can only put $25/month into an HSA.

Cloward, meet Piven…

fortcoins on September 24, 2015 at 4:48 PM

What’s stopping employers from increasing wages?

Companies are making record profits.

Cheech Wizard on September 24, 2015 at 4:09 PM

Tell that to US oil companies.

F-#1.

Tell that to Target and Amazon. Both have had terrible profits this year.

F-#2.

And tell that to many of the big pharmaceutical companies, who have all had to take massive writedowns over the past couple of years.

F-#3.

Del Dolemonte on September 24, 2015 at 4:48 PM

When premiums decline y’all are going to be pissed!
libfreeordie on May 7, 2014 at 10:18 AM

Schadenfreude on September 24, 2015 at 4:04 PM

OK…. First of all, I LOVE when this gets posted into these threads. It’s exactly what needs to be done, and isn’t all too often – hold the “Liberal” “Progressive” idiots responsible for their lies.

Secondly, that somehow Schadeenfreude was able to get that post on the very first line, literally made me burst out laughing….

Well done!

KMC1 on September 24, 2015 at 4:49 PM

What’s stopping employers from increasing wages?
Companies are making record profits.

weedisgood on September 24, 2015 at 4:09 PM

Because it’s not an employer’s responsibility to pay for an employee’s health care.

The article is about *deductibles* rising. Deductibles (making this really simple Weed) are what a person pays to the health care provider *for his/her own health care*.

When the government mandates someone pay something, it’s not the employer’s problem.

I would note, in addition, that you’re missing the bigger picture which is that once government gets involved in *anything* costs/prices necessarily go up.

Except for moochers like you, of course.

Lance Corvette on September 24, 2015 at 4:55 PM

What’s stopping employers from increasing wages?

weedisgood on September 24, 2015 at 4:09 PM

What needs to happen is someone needs to pay everyone in their business $70k a year and show how successful you can be while giving everyone a solidly-middle-class wage regardless of market value.

The Schaef on September 24, 2015 at 4:56 PM

Here in Kentucky we are not going to be able to keep obamacare/KYnect going. Over 80% of the people who signed up qualified for Medicaid and the State has to start picking up an ever increasing share of the tab starting in 2017.

Plus Hospitals are closing due to all of the new insured people. Seems they are only getting paid the basic Medicaid rates for all of these new patients and that is not enough to keep the doors open. Doctors are bailing also. My Doctor will no longer take any new Medicare/Medicaid patients, she said she is done with it. Current patients are grandfathered when they roll over to Medicare though, thank goodness.

Johnnyreb on September 24, 2015 at 5:02 PM

Single payer. Will all of the docs and other medical people work for the government? Will they be in a union? Will they be GS rated? Will it be a 40 hour work week? Will there be enough money to run every hospital in the country or will some be shuttered? Will everyone have the same premium and will they skyrocket in cost every year? ??????????

docflash on September 24, 2015 at 5:06 PM

When premiums decline y’all are going to be pissed!
libfreeordie on May 7, 2014 at 10:18 AM

Schadenfreude on September 24, 2015 at 4:04 PM

I click on all of these ACA threads just because I know this is going to be here and I never get tired of it.

Xasprtr on September 24, 2015 at 5:07 PM

The good news is that the whole law hasn’t kicked in yet. There’s still more to go.

Jackson on September 24, 2015 at 5:07 PM

What’s stopping employers from increasing wages?
Companies are making record profits.

weedisgood on September 24, 2015 at 4:09 PM

…all the companies…are waiting for you to become…the CEO.

JugEarsButtHurt on September 24, 2015 at 5:08 PM

Single payer. Will all of the docs and other medical people work for the government? Will they be in a union?

docflash on September 24, 2015 at 5:06 PM

They sure will. The Dems need more funding from the American taxpayers (while there are still taxpayers, that is).

Axeman on September 24, 2015 at 5:13 PM

My deductible is going up 40% next year.

Kensington on September 24, 2015 at 5:14 PM

I click on all of these ACA threads just because I know this is going to be here and I never get tired of it.

Xasprtr on September 24, 2015 at 5:07 PM

Lol! Me too!

Too damn funny!

KMC1 on September 24, 2015 at 5:17 PM

When premiums decline y’all are going to be pissed!
libfreeordie on May 7, 2014 at 10:18 AM

Schadenfreude on September 24, 2015 at 4:04 PM

When is that going to happen? In our lifetime? Obama also promised that Obamacare would bend the cost curve down. It has done the opposite. What miracle is going to change this? You can not give more coverage to more people, and reduce the costs. It does not work that way, and we knew it.

Techster64 on September 24, 2015 at 5:19 PM

I see it has been remarked earlier but it was my initial thought:

UNEXPECTEDLY!

Single Payer is next. Unless Boehner-McConnell can exhibit some intestinal fortitude or shall I suggest SPINE? Dreamer that I am.

Who give a shiite what King Putt says … his legacy is headed for the compost pit. Putin will guarantee it.

483 days.

The Stupid Party indeed.

Missilengr on September 24, 2015 at 5:22 PM

It’s Freeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee!!!!!!!!!!!!!!!

trs on September 24, 2015 at 5:33 PM

lmao.

it’s so hard to unpack all the fuzzy math this article had to use to make obamacare look bad.

anyone notice that they decided to compare deductibles to what they were 10 years ago for some reason?

the only interesting fair number in the entire article is that family plans have risen 3% over last year – which of course is a dramatic slowdown in cost increases.

why don’t you guys care that they don’t even dare lay out concrete comporable numbers any time they write one of these articles? why do you think they have to mishmash all these different numbers on different timescales and indices to try and paint their picture?

everdiso on September 24, 2015 at 6:01 PM

lol.

here’s the study: http://kff.org/health-costs/report/2015-employer-health-benefits-survey/

their conclusion?

“Annual premiums for employer-sponsored family health coverage reached $17,545 this year, up 4 percent from last year, with workers on average paying $4,955 towards the cost of their coverage, according to the Kaiser Family Foundation/Health Research & Education Trust 2015 Employer Health Benefits Survey. ”

four percent increase.

four percent.

less than half of the average annual increase in the 10yrs before the ACA.

absolutely hilarious spin job here. well done.

everdiso on September 24, 2015 at 6:06 PM

everdiso on September 24, 2015 at 6:01 PM

Yeah. Fuzzy.

WryTrvllr on September 24, 2015 at 6:08 PM

http://www.epi.org/publication/stagnant-wages-in-2014/

This has to suck for you everditzy.

WryTrvllr on September 24, 2015 at 6:10 PM

What’s stopping employers from increasing wages?
Companies are making record profits.

weedisgood on September 24, 2015 at 4:09 PM

the cadillac tax

gerrym51 on September 24, 2015 at 6:25 PM

When premiums decline y’all are going to be pissed!
libfreeordie on May 7, 2014 at 10:18 AM

Schadenfreude on September 24, 2015 at 4:04 PM

What an idiot LFOD is!
Ditkaca on September 24, 2015 at 4:10 PM

You mean, what a USEFUL idiot.

Someday s/he won’t useful anymore…

Marcola on September 24, 2015 at 6:30 PM

What’s stopping employers from increasing wages?
Companies are making record profits.

weedisgood on September 24, 2015 at 4:09 PM

Seriously?? Are you that economically ignorant?

Those record profits are a handful of huge companies and special interest/gov’t contracted firms, not the small businesses that employ the majority of Americans.

Since Obamacare my company premiums are up 105% and employee deductibles are up 250%. If I had left deductibles where they were premiums would be up 200% and my employees would be in the Exchange.

Meeting new CFPB regulation that are non-scalable for small business despite promises, cost me mid 5-figures in 18 mo. Over the next year my business will have additional new regulation and Obamacare costs of approximately $2K a month, expected to be nearly $3k in 12 mo. For a typical small business in my industry that is new regulatory cost of 6-8% of GROSS 2014-2015 in a business that has margins of 8-10%.

That would cover the costs for the 2 new employees I have been wanting to hire that would have allowed me to expand my business when the moment was perfect a few months ago. And while my employees have received modest raises, I haven’t had a raise in 5 years.

So all of you lefty regulatory state people can just suck it. STFU until you pour your life and soul into a business and the people who work for you by putting in 60+ hours a week for a decade, going for years without a vacation and then have it beaten down annually by regulatory bureaucrats who don’t understand your industry or what it takes to stay in business.

deepdiver on September 24, 2015 at 6:30 PM

I’ve recently been forced into the “marketplace”. My choices are:

1) Can afford the premiums but can’t afford to see a doctor because the deductible is too damn high.

2) Can’t afford the premiums without losing my car, my pet, and reasonably nutritional food. But could then afford the to see a doctor maybe a couple times a year due to reasonable copays.

Thanks Obama.

Oxymoron on September 24, 2015 at 6:46 PM

“Annual premiums for employer-sponsored family health coverage reached $17,545 this year, up 4 percent from last year, …..
everdiso on September 24, 2015 at 6:06 PM

And you think that paying $17,545 for insurance, before the first minimum of $1,000+ deductible is some sort of a great bargain, and boon for the working man? I take it that you are still covered by Mommy’s insurance.

You cite a mere 4% increase over last year, but this little image (from your cited study) shows one much more significant measurement of the pain caused by 0bamacare

And this is an interesting little graph too, showing how the number of firms even offering health insurance has fallen. Pay particular attention to the lower line, where the vast majority of working Americans are employed, working for ‘mom & pop small businesses’ not the upper line for what are essentially “Fortune 1000” type companies.

LegendHasIt on September 24, 2015 at 7:16 PM

This has a lot more to do with the stagnation of worker compensation than it does increases in healthcare costs. From the same study we find get:

Premiums for family coverage increased 27% during the last five years, the same rate they grew between 2005 and 2010 but significantly less than they did between 2000 to 2005 (69%)

Interestingly despite the OP and LA Times article focusing on deductibles I can’t find any evidence that the Kaiser survey (found here) actually looked at deductibles at all.

Tlaloc on September 24, 2015 at 7:32 PM

I’ve recently been forced into the “marketplace”. My choices are:

1) Can afford the premiums but can’t afford to see a doctor because the deductible is too damn high.

2) Can’t afford the premiums without losing my car, my pet, and reasonably nutritional food. But could then afford the to see a doctor maybe a couple times a year due to reasonable copays.

Thanks Obama.

Oxymoron on September 24, 2015 at 6:46 PM

What state do you live in?

Tlaloc on September 24, 2015 at 7:33 PM

This has a lot more to do with the stagnation of worker compensation than it does increases in healthcare costs. From the same study we find get:

Great point. Wage growth is terrible under Obama, with the vast majority going to the 1%.

Premiums for family coverage increased 27% during the last five years, the same rate they grew between 2005 and 2010 but significantly less than they did between 2000 to 2005 (69%)

Interestingly despite the OP and LA Times article focusing on deductibles I can’t find any evidence that the Kaiser survey (found here) actually looked at deductibles at all.

Tlaloc on September 24, 2015 at 7:32 PM

But deductibles are skyrocketing now. get the data and come back to us, you Obama-fellating drone.

And don’t forget that healthcare inflation for 2014 is an 8 year high.

Obamacare still sucks and America still hates it

Nighty, night, parasite

Chuck Schick on September 25, 2015 at 2:03 AM

BOCare uses the average American’s healthcare to directly subsidize the health care of the chronically ill.

If, as Americans, we feel the chronically ill must be covered by affordable insurance….. maybe we can find a DIFFERENT way to pay for it other than denying average Americans access to health care (a denial achieved by those incredibly high deductibles and excessively-expanded coverage plans that are overly expensive)…??

momodoom on September 25, 2015 at 7:10 AM

We give too much credit to liberals for hatching a great plan to get single-payer. They really thought they were on to something and that everyone would thank them for the Obama Care gift to humanity.

Predictably, their ideas turned from incoherence on the drawing board to excrement on main Street.

The high cost of health care in the US is due to the legally mandated interference of insurance companies into the routine medical market. Obama Care just made it worse than it was before. Veterinary care (for many identical treatments) is many times cheaper and more available.

Insurance companies have not realized their cozy arrangements with government communists are leading to a big contraction in supply.

The rework needed is to get the insurance companies out of routine medical care. Their only legitimate role is managing catastrophic risk, leaving the market to manage the predictable expenses. I don’t file an insurance claim when I get my oil changed, yet that is what is accepted as normal in human health care in the US.

Short term solution is to see a vet. Long term, get know-nothing politicians out of office, so they can’t do even more damage.

virgo on September 25, 2015 at 8:11 AM

lol.

here’s the study: http://kff.org/health-costs/report/2015-employer-health-benefits-survey/

their conclusion?

“Annual premiums for employer-sponsored family health coverage reached $17,545 this year, up 4 percent from last year, with workers on average paying $4,955 towards the cost of their coverage, according to the Kaiser Family Foundation/Health Research & Education Trust 2015 Employer Health Benefits Survey. ”

four percent increase.

four percent.

less than half of the average annual increase in the 10yrs before the ACA.

absolutely hilarious spin job here. well done.

everdiso on September 24, 2015 at 6:06 PM

4% is still about triple overall inflation, which is unsustainable. Premium growth was dropping along with inflation for years before the ACA was passed, let along fully implemented as inflation was dropping. Growth has been terrible under Obama and he has the worst wage growth of any modern president.

Chuck Schick on September 25, 2015 at 11:29 AM

anyone notice that they decided to compare deductibles to what they were 10 years ago for some reason?

everdiso on September 24, 2015 at 6:01 PM

less than half of the average annual increase in the 10yrs before the ACA.

everdiso on September 24, 2015 at 6:06 PM

Too funny.

Chuck Schick on September 25, 2015 at 11:31 AM

What’s stopping employers from increasing wages?
Companies are making record profits.

weedisgood on September 24, 2015 at 4:09 PM

Yes, okay, every company is making “record profits”. It’s like the recession never happened.

/s

The Schaef on September 24, 2015 at 4:19 PM

Maybe those companies making ‘record profits’ are increasing wages. Just because wages are stagnant in general doesn’t mean that the profitable companies aren’t increasing wages.

Or maybe they’re paying off outstanding debt, or banking the extra profits in order to cover future healthcare cost increases.

As an employee, I prefer to see decisions made to ensure long-term job security and retirement pension security rather than a short-term wage increase. But I’m not one of those who subscribes to the ‘live fast, die young, leave a good looking corpse’ philosophy.

s1im on September 25, 2015 at 1:39 PM