Health insurance prices went up nearly 30% over the past year

Posted on AllSides October 13th, 2022
From The Center
Mario Anzuoni (Reuters)

Health insurance prices reported their highest yearly annual increase since the US Bureau of Labor Statistics (BLS) began posting them in 2005.

According to the latest data, published on Oct. 13 (pdf), the price of health insurance increased 28.2% from September 2021 to September 2022. That is one of the steepest increases of all products tracked by the BLS report—only eggs (30.5% increase), margarine (44%), airfare (42%), food in employee facilities such as canteens (91%), and fuel and gas (58% and 33%, respectively) had higher increases year-over-year.

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