Average cost of health insurance premiums doubled over last decade

COLUMBIA, MO (KBIA) - Health care premiums are at a record high. A survey released Tuesday shows the average family is now paying over $15,000 a year on health care premiums.

The rising costs are affecting Missourians as well.

$15,000 per year is more than double what the average family was paying for health insurance a decade ago. This year’s increase in premiums was one of the largest since the Kaiser Family Foundation began the yearly survey in 1999, says the group’s president, Drew Altman.

"I think what’s especially notable this time, is that it comes when wages have been falling in real terms, when wages are not really keeping up with inflation," Altman said.

In Missouri, a relatively high percentage of employers provide health insurance. But Ryan Barker, with the Missouri Foundation for Health, says high costs are changing that.

"That percentage of Missourians with employer insurance has dropped year after year, and so there’s just been this slow decline. It’s been a little bit slower than other states, but I think we’ll continue to see that as health insurance premiums continue to go up."

Nationally, 60 percent of employers offer health insurance.

Jacob Fenston, KBIA

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Malden airport to receive $110K USDA grant

COLUMBIA, MO (KBIA) - Agriculture secretary Tom Vilsack announced $14 million in new funding Wednesday to help stimulate rural job growth. Small businesses across the country will get money, including a tiny airport in southeast Missouri. 

Malden, Missouri, with just five thousand residents, wants to update its World War II era airport.

Airport manager Barbara Crayne. She says the $110,000 grant from the USDA for renovations will help attract more aircraft.

"We have an air-evac helicopter comes in. We have a lot of crop dusters because we are in an agricultural-based area," Crayne says.

But a she says a retrofitted hangar will attract corporate clients.

"The spinoff in the community is that they’re going in to the restaurants and to the shops, driving in possibly to get their aircraft, so they’re stopping at the gas stations," she says.

Agriculture secretary Tom Vilsack says rural small businesses in particular often have trouble getting credit from commercial banks. These loans and grants are aimed at closing that gap.

"These small businesses will be prepared to have the credit they need to buy equipment that allows them to expand operations, which in turn allows them to hire workers," Vilsack says.

The agriculture department grants and loans will go to 69 recipients in 40 states.

Jacob Fenston, KBIA

Photo courtesy of the City of Malden.

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American now know less about health care reform than they did last year

COLUMBIA, MO (KBIA) - Americans now know less about the main provisions of Obama’s health care reform law than they did at the end of last year. That’s according to the latest monthly poll by the Kaiser Family Foundation.

Here in Missouri, a majority continues to oppose the law. Only about 30 percent of Missourians support the Affordable Care Act.

Ryan Barker is Director of Health Policy at the Missouri Foundation for Health. A poll by that group found that despite broad opposition to health care reform, Missourians are supportive of individual components of the law.

"People don’t like the Affordable Care Act, but then when you dig a little deeper people don’t really know what’s in it and how it’s gonna impact them,” Barker says. “We asked questions specifically about, well, do you like tax credits for small businesses, do you like that insurance companies can’t deny care based on preexisting conditions, and those all poll favorable, in the high 70s or low 80s.”

Barker was in Columbia Monday to answer questions about the law’s impact. Eileen Todd was there, and says she doesn’t oppose or support health care reform.

"Right now I don’t have any opinion or knowledge of it. I guess my first concern is how it will affect me personally," Todd said.

Jim Kabler asked how the law would close the so-called “donut hole” – the gap in drug coverage under Medicare.

"I’m a small user of drugs, but I could have to increase it in the next year or two, and the donut hole might be more significant at that time," Kabler said.

Most of the major components of reform go into effect starting in January 2014. I’m Jacob Fenston in Columbia.

Jacob Fenston, KBIA

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