Last session, Republicans in the Missouri Senate blocked the creation of a state-run health insurance exchange. The online insurance marketplace is required under Obama's health reform law, but has become a political football in states like Missouri, with a Republican-controlled legislature. In this week's Health & Wealth update, Republican senators move to put one more roadblock on the path to a state exchange.
Missouri families pay close to twenty percent of income on health insurance premiums. If that sounds like a lot, stay away from Mississippi. Families in that state pay the highest percentage of their income toward health insurance: 28 percent. This, according to a new study by the Commonwealth Fund.
Health care premiums are at a record high – up nine percent since last year. A survey released Tuesday shows the average family is now paying over 15 thousand dollars a year on health care premiums. KBIA’s Jacob Fenston reports the rising costs are affecting Missourians as well.