Health insurance cost up 11.2% this year

Apparently Mr. Cheney was mistaken when he said in his RNC acceptance speech “Our nation has the best health care in the world and President Bush is making it more affordable and accessible to all Americans. ” The New York Times is reporting that Drew Altman, chief executive of the Kaiser foundation said, “I see no scenario for the future that doesn’t have health-care costs continue to outpace increases in wages and inflation by a wide margin.”

Note, this is the “fourth consecutive year of double-digit increases in health insurance premiums.”

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