Health Insurance Costs Expected To Increase 9% In the US

Health insurance costs in the United States could rise as much as 9 percent next year according to a report from PricewaterhouseCoopers.

The costs have workers worried that if they use their insurance for health care they could lose their jobs. Unemployment is helping to drive up medical costs. It's expected that Americans will see higher rates taken out of their pay checks to cover their employee insurance coverage. As employers are having to freeze or cut wages to deal with the economic crisis these increases could place a major impact on American workers. A survey of employers showed that 42 percent would increase their employees' share of costs if insurance rates were increased. PWC surveyed more than 500 employers and health insurers.There main factor in the expected price increases are the high unemployment rates.