The cost of health care for American families inemployer-sponsored preferred provider plans continues to rise,albeit more slowly, according to the 2017 Milliman Medical Index released byMilliman, Inc., a Seattle-based consulting and actuarial firm.

The cost of health care for the typical American family of fourin an average PPO plan is $26,944, compared to $25,826 in 2016.While the dollar amount remains high, the index’s annual rate ofincrease is 4.3 percent, the lowest rate since the firm begantracking the MMI in 2001.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Katie Kuehner-Hebert

Katie Kuehner-Hebert is a freelance writer based in Running Springs, Calif. She has more than three decades of journalism experience, with particular expertise in employee benefits and other human resource topics.