Gas prices are up. Food prices are up. Unemployment is up. And now you can add health-care costs to that list.
According to the Milliman Medical Index, health-care costs have more than doubled for American families since 2002.
The index qualifies health-care costs as those that come out of an employee's pocket, like insurance premiums, co-pays, deductibles and co-insurance payments. The costs under the most common form of employer-sponsored health insurance have climbed to more than $8,000 this year.
Compare that to a family of four paying only 36 hundred dollars nine years ago. That comes out to an additional $84 a week, just for health care. Employers do still pay most of the total health care costs for families, but that portion has reached an all time low of only around 60%.
Counting employers' contributions, this year's total health- care costs for a family of four skyrocketed to more than $19,000 a year - up more than $10,000 since 2002.
In just one year those costs ballooned up 7%.
While the rise in health-care costs is slower this year than in recent years they are still rising much higher than costs in other consumer areas. And things could certainly get even worse - since Obamacare had virtually no impact on costs for this year - as it's still being rolled out.
We can't keep piling more rising costs onto the American families. This is absolutely the wrong time to kick off such a massive entitlement program as Obamacare.
We need to make things better, not worse.
Gerri Willis joined Fox Business Network (FBN) in March of 2010. Willis is an anchor and personal finance reporter for the network.