Health Insurance Costs Rise

October 24, 2012

Annual premiums for employer-sponsored family health coverage reached $15,745 this year, up 4 percent from last year, with workers on average paying $4,316 toward the cost of their coverage, according to the Kaiser Family Foundation 2012 Employer Health Benefits Survey.

This year’s premium increase is moderate by historical standards, but outpaced the growth in workers’ wages (1.7 percent) and general inflation (2.3 percent).  Since 2002, premiums have increased 97 percent, three times as fast as wages (33 percent) and inflation (28 percent).

The percentage of firms with less than 200 employees that offered health insurance was 61 percent in 2012, up two percentage points from 2011 but down from 68 percent in 2010.

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