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Thursday, September 15, 2005

No Health Insurance

A fact of life for the working poor in Bushco's America...
As health insurance costs continue to spiral upward, fewer companies are offering health benefits to their employees, according to a national survey by the Kaiser Family Foundation. About 60 percent of companies nationwide offer health benefits to employees, compared to 69 percent in 2000, the survey found. Most of the companies that eliminated health benefits have fewer than 200 employees.

"It is low-wage workers who are being hurt the most by the steady drip, drip, drip of coverage draining out of the employer-based health insurance system," said Drew E. Altman, president of the foundation, a nonprofit that provides information and analysis of healthcare issues but does not take sides in policy debates. "Every year, health insurance becomes less affordable to working people."

[...]

The annual health insurance premium for a family of four is $10,880, the survey found, which is more than the yearly pay, before taxes, of a full-time worker earning the minimum wage.

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