ACA document The Affordable Care Act changed many of the regulations affecting small businesses and insurance, and continues to do so. (Photo: Shutterstock)

Insurance is one of the larger expenses for businesses and individuals alike. According to the Kaiser Family Foundation (KFF), the average annual premiums in 2021 were $7,739 for single coverage and $22,221 for family coverage. Over the last year, the average premium for both single and family coverage increased by 4%. Even more shocking: the average family premium has increased 47% since 2011 and 22% since 2016.

With increases like these, it’s no wonder people are frustrated angry, and looking for ways to save. Recently, a business owner was explaining how angry she was because her individual health insurance plan, bought through the marketplace, had just increased premiums—again— and this time it was worse than before.



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