South Carolina Health Insurance Rates

South Carolina workers can expect their health insurance rates to increase by about 10% next year.

These health insurance rate increases are likely to be the norm as the cost of care continues to rise. However, wage increases are not keeping up with the escalating cost of health insurance, according to the Kaiser Family Foundation’s 2005 Annual Employer Health Benefits Survey.

On average since 2000, insurance premiums for family health insurance coverage increased by 73 percent while wages grew by 15 percent.

In South Carolina, an estimated one in five residents do not have health insurance, a state Department of Insurance study found.