We're paying more for less, when it comes to health insurance.
That's the conclusion of three studies cited in a report on the Wall Street Journal's Web site.
An excerpt:
"Americans with job-based insurance can expect to pay more for less next year. Hit by the recession and rising health-care costs, employers are cutting a larger chunk than usual out of their health-care budgets, new national surveys show.
"In 2010, nearly two-thirds of employers plan to shift more of the cost of care to workers and their families through higher premiums contributions, deductibles and copayments. One out of five companies plans to cut out higher-cost health plan options in favor of less generous coverage, according to the preliminary findings from a survey by the consulting firm Mercer LLC."
Read the whole thing here.
Slate.com has more analysis here.
A passage from the story:
"But because of the peculiar way the health industry has evolved in the United States, it's nearly impossible for most people to know how much they're paying even for something as simple as a health insurance premium."
What's that argument against health care reform again?
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