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Lack Of A Health Insurance Policy Invites Financial Disaster
By Mark Walters
In 2003 health care spending rose four times the rate the inflation. The annual premium for an employer health plan covering a family of four averaged nearly $10,000. The cost of medical care continues to rise at the fastest rate in history.
Health insurance premiums will rise to an average of more than $14,500 for family coverage in 2006.
Surveys reveal that the number one reason many people have no coverage is because health insurance is too expensive. 23% percent of people who do have health insurance have had to drastically change their spending habits so that they could make the insurance payments.
You've read about the rise in the number of ba...
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