Correction, Off Topic: Oregon Kaiser NW Health Insurance Premium Increased by 8.75% Annually Over Last 10 Years.

Correction: My earlier post showed annual increases averaging 13% a year. Because of compounding, the actual annual increase averaged 8.75%/8.74%--these calculations are shown in LAST table in this post below.
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In cleaning out some stuff, I discovered an old Federal Employees Health document that included 2000 rates for Kaiser Health Insurance premiums. As I recently reupped for 2010 I thought it might be interesting to compare how much TOTAL premiums have changed over that 10 year period. (Federal employees pay a portion of the premiums so not ALL of these cost are directly paid by them).

The average ANNUAL increase of 8.75/8.74% over the decade helps to understand why health care reform is such a big deal:

Monthly	2010	2000	Change
High Family	$ 1,248.74	$ 539.85	131%
High Self	$ 543.57	$ 235.24	131%

Annually	2010	2000
High Family	$ 14,985	$ 6,478
High Self	$ 6,523	$ 2,823

	HIGH FAMILY	Annual Increase	HIGH SELF	Annual Increase
2000	$ 6,478		$2,823
2001	$ 7,045	8.75%	$3,069	8.74%
2002	$ 7,661	8.75%	$3,338	8.74%
2003	$ 8,331	8.75%	$3,629	8.74%
2004	$ 9,060	8.75%	$3,946	8.74%
2005	$ 9,853	8.75%	$4,291	8.74%
2006	$ 10,715	8.75%	$4,666	8.74%
2007	$ 11,652	8.75%	$5,074	8.74%
2008	$ 12,671	8.75%	$5,517	8.74%
2009	$ 13,780	8.75%	$5,999	8.74%
2010	$ 14,985	8.75%	$6,523	8.74%

Originally created and posted on the Oregon Housing Blog.