The National Underwriter reports that between 2002 and 2009, health care premiums in California rose almost 118%, a new study by the California HealthCare Foundation finds. In the same period, California’s overall inflation rate increased 23%. Single coverage premiums in California cost $5,133 annually in 2009, while premiums for family coverage were $13,525.
The survey also concluded that 73% of California employers offer health care coverage, compared to 60% of employers around the U.S.
So, what does all of this mean? Californians are paying more for less coverage. Is health insurance reform needed? You be the judge.