As long as the growth in health insurance premiums far outpaces the growth in wages, the erosion in the workplace will continue. -Larry Levitt

 

As long as the growth in health insurance premiums far outpaces the growth in wages, the erosion in the workplace will continue.


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This quote is just one of 9 total Larry Levitt quotes in our collection. Larry Levitt is known for saying 'As long as the growth in health insurance premiums far outpaces the growth in wages, the erosion in the workplace will continue.' as well as some of the following quotes.

As long as the growth in health insurance premiums far outpaces the growth in wages, the erosion in the workplace will continue.

Larry Levitt

In many ways what's been happening in the economy hits them (working poor families) the worst. Those with higher incomes are more likely to have employer-provided insurance. And many lower-income (people) have Medicaid to fall back. For that in-between group, there's nothing.

Larry Levitt

In 2005, health insurance premiums rose by 9.2 percent, which was three times the increase in wages. Certainly, there are no signs of that abating. It's very likely that in 2006, health care costs will continue to squeeze out wage increases.

Larry Levitt

I think for the industry, it is also the most significant because it has the potential -- if litigation gets out of control -- to really increase costs a lot.

Larry Levitt

Most people who are eligible for COBRA don't take it. About 20 percent of eligible people use it. The other 80 percent buy on the individual market, or are uninsured.

Larry Levitt