With the national unemployment rate stagnating around 10%, unemployed Americans’ health care costs have realized a year-over-year increase, says Aon Consulting.
In its “2010 Benefits Survey,” the global benefits and human capital consulting business of Aon Corp. http://www.aon.com polled 1,079 employers nationwide, and found an increase in monthly COBRA contributions for terminated employees. Specifically, Aon found the average monthly cost for employee-only HMO coverage for a terminated worker is $429 this year, compared to $399 for the same coverage in 2009. For employee plus family, the former employee is paying $1,251 a month this year, compared to $1,171 per month last year. As for PPO coverage, the average monthly cost for employee only is $449 in 2010, compared to $439 in 2009, and for employee plus family, the cost tops out at a monthly average of $1,310 this year, versus $1,275 last year. (Click here to see charts on a detailed year-over-year comparison.)
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