Hey, don't touch my health insurance. Everything is a-ok.
Heads out of the sand, ostriches. The end is near.
The report identified two factors driving the increase:
_A hospital building boom, as hospitals replace facilities and add private rooms and centers for outpatient treatment.
_An increase in the expenses those with insurance are paying for those without. Cost-shifting from the uninsured, Medicare and Medicaid will account for nearly one in every five dollars spent by private insurers in 2009, according to the study, as the federal government underfunds public insurance programs and the number of people with private insurance continues to decrease.
PriceWaterhouseCoopers surveyed more than 500 employers and health plans, with total coverage of more than 11 million people, for the report.
Study: Health costs to rise nearly 10 percent - Yahoo! News (broken link)