x
Black Bar Banner 1
x

Alert!  New Secured Wallets are installed! new Blog system with AI  power and auto blog curation coming soon  Alert! 

Ads by Markethive - View All
Blogs
The Blog Feed
Write a New Blog Post
Search Blog Status
Most Viewed
Most Recent
Most Shared
Alphabetical
Blog Main Menu
Markethive Blog (default)
All Blogs
My Blog Posts
Friends' Blogs
Blog Categories
All
Advertising
Blockchain & Cryptocurrency
Business Development
Diet & Weight Loss
Environmental
Health and Wellness
History and Culture
Home and Garden
Marketing
Mentoring & Training
Money & Finance
Other
Political
Prayer & Religion
Programming & Technical
Real Estate
Search Engine Optimization
Social Media
Spirituality
Sports & Recreation
Transport
Travel & Events
Website Design
Blogging Tools & Assets
My Blog Info
Members Subscribed to You
Blogs You Are Subscribed To
Website Widget
Wordpress Plugin

Why the Cost of Health Insurance More than Tripled in Two Decades

Posted by Bobby Brown on February 24, 2023 - 4:11pm


In 1999, Americans paid an average $2,196 a year for typical employer health insurance. By 2005, health insurance cost $4,024 a year, up over 80%. In comparison, inflation gained about 17%. Scroll down to track the cost of health insurance vs. inflation through 2021.

By 2010, health insurance cost $5,049 a year, up 130%. Inflation rose about 30%.

By 2015, health insurance cost Americans $6,251 a year, a gain of 185%. Inflation was up about 40%.

In 1999, Americans paid an average $2,196 a year for typical employer health insurance. By 2005, health insurance cost $4,024 a year, up over 80%. In comparison, inflation gained about 17%. Scroll down to track the cost of health insurance vs. inflation through 2021.

 

By 2010, health insurance cost $5,049 a year, up 130%. Inflation rose about 30%.

By 2015, health insurance cost Americans $6,251 a year, a gain of 185%. Inflation was up about 40%.

By 2021, health insurance cost $7,739 a year, a rise of over 250%. Inflation was up about 60%.

Looked at another way, in 1999 the average American worked about 2 weeks to pay for health insurance. In 2020 that grew to about 7 weeks.

The rising cost of health insurance is largely accounted for by the growing cost of treating Americans’ medical conditions. Between 1999 and 2020, the average cost of employer health insurance grew 240%. Over the same period, the cost of healthcare itself rose 224%.