Survey: Premiums for 2023 employer-sponsored coverage rose 7% on average
The average annual premium for employer-sponsored family health coverage rose 7% in 2023 to $23,968, including employer and worker contributions, according to the latest annual survey by the Kaiser Family Foundation. The average annual premium for single coverage also increased by 7% to $8,435. About 90% of covered workers in 2023 have a general annual deductible for single coverage, which averaged $1,735, similar to last year but 53% more than a decade ago.
Related News Articles
Headline
The Substance Abuse and Mental Health Services Administration has released a guide to improve coordination between 988 lifeline and 911 emergency services. It…
Perspective
In Elma, Wash., Summit Pacific Medical Center uses innovative approaches to address the region’s significant health challenges, including high rates of chronic…
Headline
The House Energy and Commerce Subcommittee on Health and Ways and Means Committee Jan. 22 hosted hearings on health care affordability that included…
Perspective
Every year tens of millions of Americans dig deep into their pocketbooks to pay for health insurance plans that will cover both preventive and necessary care…
Headline
The White House released a health care plan Jan. 15 addressing drug prices, health insurance premiums and price transparency efforts. The plan includes…
Headline
The Centers for Medicare & Medicaid Services Dec. 23 introduced a new drug pricing model for Medicare Part D and Medicaid beneficiaries. The Better…