Health Insurance Costs Increasing?
In these economically harsh times, sometimes the feelings we get when we look ahead to graduation from college and entering the job force border on dread, rather than excitement. One of the issues that 20-somethings who are just getting on their feet in the career market is the fact that once we hit 25, we can no longer stay on our parents’ health insurance. And things aren’t happening to make this easier for us. In fact, new reports have recently been released, saying that the out of pocket deductibles for health insurance are on the rise. This is more prevalent in the small business market.
According to a New York Times post, deductibles for the average employee who is insured through an employer have almost doubled in the past 6 years. This fact alone is enough to make anyone on the brink of graduation a little bit nervous when considering the future. We can only hope that these costs don’t keep rising, and begin to take a downward dip before our graduating classes are loosed from family insurance plans.