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

Perspective
House members are back in their districts for the August recess and senators are likely to return to their states soon.While lawmakers are home, it’s important…
Headline
Centers for Medicare & Medicaid Services Administrator Mehmet Oz, M.D., July 19 visited AtlantiCare health system in New Jersey, making stops at its…
Headline
The Congressional Budget Office today released its estimate of the budgetary effects of the One Big Beautiful Bill Act, as enacted. CBO projects the law will…
Headline
Health Insurance Marketplace insurers will propose a median premium increase of 15% for 2026, according to an analysis of preliminary rate filings published…
Headline
The AHA July 3 released the Health Care Plan Accountability Update for the second quarter of 2025. The update covers the latest developments in Medicare…
Headline
The Centers for Medicare & Medicaid Services June 27 announced the rollout of a 6-year technology-enabled prior authorization program pilot. Through…