photo credit: stuartpilbrow

Recently the Kaiser Family Foundation and the Health Research and Educational Trust reported that health insurance premiums increased in cost more slowly this year compared to increases over the last ten years.

Is this good news, or just more bad news with a thin candy-coated shell? Unfortunately it’s tending more towards the latter case.

The Kaiser Family Foundation report indicated that the average premium went up by around five percent over 2008, contrary to recent trends in which health insurance costs have risen at a pace more rapid than that of both wages and inflation.

The flip is that even though the rate of premium hikes has slowed down a little, people are actually getting less coverage for their money.

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