Consumer's share of costs is on the rise

Article Abstract:

The study by the Lewin Group indicates that premium costs for private health insurance coverage grew 35.9% from 2000 to 2004, while the average individual earnings grew only 12.4%. The number of Americans whose healthcare costs exceeds 25% of their income rose to 14.3% million from 11.6 million. On the other hand, the report by Centers for Medicare and Medicaid Services (CMS) indicates that the Medicare premium would rise 17% to $78.20 in 2005, and the average social security recipient could spend about 20% of his social security income. These results point towards consumers having a difficult time paying their deductibles, etc and opting out of insurance coverage.

Medical Service and Health Insurance, Industry Overview, Health insurance industry

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OSHA budget receives boost for FY 2007

Article Abstract:

The details pertaining to the budget allocation for the Occupational Safety and Health Administration, as requested by the Bush government and for the fiscal year 2007, are presented. The Bush government has requested an amount of $483 millions, a boost of $11.2 million over the previous fiscal year.

Government expenditures, Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, Occupational Safety & Health Adm, Economic policy, Budget, Bush, George W., United States. Occupational Safety and Health Administration, Government finance, Federal budget

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Survey: injuries decline, costs increase

Article Abstract:

A survey by Liberty Mutual, on workplace injuries indicates that, despite a decline in workplace related injuries, employers are still looming over the rising costs such as disability and workers compensation.

Work-related injuries, Work related injuries

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