Health Insurance Premiums Now Cost $24,000 a Year

1 Min Read

Health insurance premiums jumped this year amid a post-pandemic spike in costs of care, adding to the burden on employers and workers as inflation erodes broader buying power.

The average employer-sponsored health insurance premium for US families rose 7% to almost $24,000 this year, according to an annual KFF survey of more than 2,000 US companies, compared with a 1% increase last year.

Premiums for individual employer coverage rose at the same rate.

TAGGED:
Share This Article