The rising costs of Health Insurance

Recent United States Census Bureau figures show that approximately 85% of Americans have health insurance and that roughly 60% have employment related health insurance or as individuals and that various government agencies provide health insurance to 25% of Americans.Because medical technology and treatment are advancing at a daily rate the costs associated with health insurance are also rapidly increasing. People in developed countries are living longer which means the population of those countries is aging and a larger group of senior citizens requires more medical care than a younger healthier population. (A similar rise in costs is evident in Social Security in the United States.) These factors cause an increase in the price of health insurance.