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Friday, December 01, 2006

California health insurance costs jump 8.7%


The standard enhancement in Californians' health insurance premiums outpaced the nationwide average this year. The average cost of premiums in California healthcare foundation in Oakland’s annual survey skipped 8.7 percent in 2006 other than twice the state’s 4.2 percent increasing rate evaluated to the nationwide average increase of 7.7 percent increase in premiums nationwide.

The huge image is that costs persist to expand at a considerably superior charge than inflation everywhere, as well as in California. Hard-hit are small business. The rates for small business raised more or less 11 percent and one out of four employees at small businesses saw their premiums increase more than 15 percent. The managers reviewed more than two-thirds of employers said they will probably have workers pay a large percentage of premiums in the forthcoming year and more than a third said their employees have to pay advanced deductibles.

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