The cost of health care for American families in employer-sponsored preferred provider plans continues to rise, albeit more slowly, according to the 2017 Milliman Medical Index released by Milliman, Inc., a Seattle-based consulting and actuarial firm.
Related: 12 ways to save on health care
The cost of health care for the typical American family of four in an average PPO plan is $26,944, compared to $25,826 in 2016. While the dollar amount remains high, the index’s annual rate of increase is 4.3 percent, the lowest rate since the firm began tracking the MMI in 2001.
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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.
