Stop The HIT Coalition on health care cost increases

The Stop the HIT Coalition--HIT is short for Health Insurance Tax--issued a statement about the Kaiser Family Foundation report on health care cost increases.

Washington, D.C. (September 27, 2011) – The Stop The HIT Coalition issued the following statement after a Kaiser Family Foundation study found that employer sponsored health insurance premiums have increased 9 percent, with the average family policy in a group plan costing over $15,000 this year, an increase from last year's average cost of $13,770.

Today's Kaiser study demonstrates the adverse impact that premium increases have on employers' ability to create jobs and pay employees. These increases are outpacing employee wages and inflation, two cost pressures that millions of small business owners and self-employed Americans have to confront every day. President Obama and Congress can reduce the cost burden on small businesses by repealing the $500 employee Health Insurance Tax (HIT) which was included as part of the recently enacted national health care reform law.

Stop The HIT is an association of small businesses, their employees, and self-employed individuals.

Also, the US Chamber of Commerce has a blog post about the Kaiser Study.

Related post:

From the SRCC: Surprise, surprise, "health premiums rise sharply"

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