Workers are paying nearly $4,000 this year for family health coverage, according to new data released Thursday by the Kaiser Family Foundation and the Health Research & Educational Trust (HRET). It's a jump of 14 percent, or $482 above what they were paying last year.
The 2010 Employer Health Benefits Survey found the jump occurred even though the total premiums for family coverage, including what employers themselves contribute, rose a modest 3 percent to $13,770 on average in 2010. However, the amount employers contribute for family coverage did not increase.
Over the past five years, workers' contributions to premiums skyrocketed 47 percent, while overall premiums rose 27 percent, wages increased 18 percent, and inflation rose 12 percent.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- 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
Already have an account? Sign In Now
© 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.
