Survey: Health insurance costs surge in 2011

From USA TODAY:

As Congress works to decrease the federal deficit by cutting health care programs such as Medicare, policy experts say health providers will have to find money elsewhere, which could force insurance premiums higher for most Americans.

That comes on top of a 9% increase in annual premiums to cover a family of four, according to a survey released Tuesday by the Kaiser Family Foundation. Most of that increase comes from rising health care costs, said Gary Claxton, director of Kaiser’s Health Care Marketplace Project.

“It might be that the discussion going on with the debt is just as important,” Claxton said. If health care spending is cut by the deficit “supercommittee,” “then those providers will look to get some of that back elsewhere.”

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