NU Online News Service, April 8, 2004, 3:49 p.m. EDT – U.S. workers’ health premium costs are going up faster than the national medical care inflation rate.[@@]
The average monthly premium contribution for private-sector workers increased about 75% between 1992-1993 and March 2003, to $60 for single coverage and $228 for family coverage, Cathy Baker, an economist at the federal Bureau of Labor Statistics, writes in a new paper on medical plan cost sharing.
Urban medical care prices rose 41% over the same period, according to BLS price data.