tailieunhanh - Paying the Price: How Health Insurance Premiums Are Eating Up Middle-Class Incomes

In 2014, annual premiums are projected to fall compared to what they would have been without the Affordable Care Act. These savings could be as much as $2,300 for middle-income families purchasing through Exchanges. A low-income family of four with an income of $33,525 could save as much as $9,900 in premiums and $5,000 in cost sharing due to the extra help from new tax credits and cost sharing assistance. Small businesses, on average, could save up to $350 per family policy due to lower costs in the Exchanges and could get tax credits for up to 50 percent of. | August 2009 Data Brief Paying the Price How Health Insurance Premiums Are Eating Up Middle-Class Incomes State Health Insurance Premium Trends and the Potential of National Reform The mission of The Commonwealth Fund is to promote a high performance health care system. The Fund carries out this mandate by supporting independent research on health care issues and making grants to improve health care practice and policy. Support for this research was provided by The Commonwealth Fund. The views presented here are those of the authors and not necessarily those of The Commonwealth Fund or its directors officers or staff. For more information about this study please contact Cathy Schoen . Senior Vice President Research Evaluation The Commonwealth Fund cs@ To learn more about new publications when they become available visit the Fund s Web site and register to receive e-mail alerts. Commonwealth Fund pub. 1313 Vol. 17 Cathy Schoen Jennifer L. Nicholson and Sheila D. Rustgi The Commonwealth Fund abstract The rapid rise in health insurance premiums has severely strained . families and employers in recent years. This analysis of federal data finds that if premiums for employer-sponsored insurance grow in each state at the projected national rate of increase then the average premium for family coverage would rise from 12 298 the 2008 average to 23 842 by 2020 a 94 percent increase. However if health system reforms were able to slow premium growth by 1 percentage point in all states by 2020 employers and families together would save 2 571 per premium for family coverage compared with projected trends. If growth could be slowed by percentage points a target recently agreed to by a major industry coalition yearly savings would equal 3 759. The analysis presents state-by-state data on premium costs for 2003 and 2008 as well as projections using various assumptions for costs in 2015 and 2020. OVERVIEW Across the United States middle-income individuals and .