http://story.news.yahoo.com/news?tmpl=story&e=3&u=/ap/20040909/ap_on_re_us/health_care_costsBy THERESA AGOVINO, AP Business Writer
NEW YORK - Health care costs continued to surge this year as family premiums in employer-sponsored plans jumped 11.2 percent, the fourth year of double-digit growth, according to a new study.
The cumulative effect of rising health care costs is taking a toll on workers: There are at least 5 million fewer jobs providing health insurance in 2004 than there were in 2001, according to the survey of 3,017 companies by the Kaiser Family Foundation and the Health Research and Educational Trust.
This year, 63 percent of firms offered health benefits to workers, down from 68 percent in 2001. The change is primarily driven by a decrease in the number of small firms, those with 3 to 199 workers, that offer coverage.
The average premium for a family of four grew to $9,950 annually. The family premium for a preferred provider organization, the most common type of insurance, hit $10,217 — the first time it broke the $10,000 barrier. PPOs are plans that provide members with a network of discounted providers that charge a copayment but also allows for the opportunity of using other doctors and hospitals.
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