The Family Firm Blog

Health care insurance costs continuing their inexorable rise upwards.

Health care insurance costs continuing their inexorable rise upwards.

As reported in the Washington Post today large employers expect a 5% rise in costs. This rate of increase has been fairly steady in recent years. Those insured on the exchanges face much worse this year.

The most recent impetus to higher overall costs is the extremely expensive costs of specialty pharmaceuticals/medications.

Society still does not have a plan for coping with the costs of catastrophic/rare illnesses.

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