Don’t we know it…..
Every year, health care takes a little bigger bite out of workers’ bottom lines. Slowly but surely, it has eaten up all of the average workers’ wage increases — and then some.
The big picture: Overall, the cost of employer-based health benefits is growing pretty modestly from year to year, according to the Kaiser Family Foundation’s annual review of those plans. But over the past 10 years, employees have ended up covering more of their own health care bills out of pocket — especially through deductibles. Those costs are rising faster than inflation and faster than wages.