Latest KFF report pegs employer-sponsored health insurance premiums at $21,342 per family
The average single deductible stands at $1,644, similar to last year’s $1,655 but up sharply from the $917 average of a decade ago.
This year, 83% of covered workers have a deductible in their plan, similar to last year and up from 70% a decade ago.
Annual family premiums for employer-sponsored health insurance increased 4% this year. The average premium is $21,342, of which employees contribute $5,588, according to the “
2020 Employer Benefits Survey” released by KFF on Thursday.
This increase is similar to the annual rise in earnings and inflation. However, plan details such as premiums and deductibles largely reflect decisions made by employers before they felt the full impact of the COVID-19 pandemic and economic crisis. Average family premiums have risen by 55% over the past decade, at least twice as fast as wages and inflation.
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