Same Old Story: Health Insurance Premiums Soar, Yet Again

by rbipremium on September 29, 2011

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Haven’t we all heard this one before? The average cost of health insurance premiums rose sharply this year: Family costs are up 9%, topping $15,000 annually for the first time. Over the last 10 years, family premiums have risen by 113%—exponentially faster than workers’ wages and inflation.

Expats are not alone in their quest for affordable Health and Medical Cover.

CNN Money highlights the fact that employers are paying 12% more ($10,944 total, on average) for their employees’ family policies, while the employees themselves are paying 3% more than a year ago ($4,129).

Americans pay less for health insurance than expatriates and yet medical costs in the US are substantially higher than elsewhere in the world, which is why a growing number of Americans are seeking more affordable healthcare when living overseas.

For more information on affordable Health and Travel cover please visit Rbipremium.com

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