Are Health Insurance Prices Rising?
The hot-button issue of health care in America has many convinced that health care costs are rising. While it is indisputable that the prevalence of disease, the growing trend of underemployment, and diminished coverage from employers has caused a national crisis with respect to health care, what is seldom discussed is the way the changing demographics of health care consumers has shaped the market, and the fact that competition and new markets may be driving some health insurance prices down. Let’s begin with the obvious-Americans are sicker than ever. Though a world-class pharmaceutical industry has made strides to control some previously deadly diseases, incidents of chronic disease such as diabetes and autoimmune disorders are steadily on the rise. Even the business of turning some lethal diseases into chronic ones adds up to the same thing: modern Americans are not only sicker-they now stay sicker for longer. Yet, despite this reality, something else has happened in America. We ha
