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 Centers for Medicare & Medicaid Services has released an updated report on complaint data and enforcement of health insurance market reforms. CMS said…
Headline
A survey released June 4 by the Commonwealth Fund on insurance coverage denials found that 1 in 5 privately insured U.S. adults reported that they or a family…
Perspective
Air Force nurse Melissa McMahon spent two years in Afghanistan, caring for severely injured Americans, coalition forces, local civilians and even some…
Headline
The House Education and Workforce Committee May 21 unanimously passed the Transparency in Billing Act (H.R. 8684). The bill would require off-campus hospital…
Headline
A KFF analysis published May 19 examined early indicators of how the expiration of the enhanced premium tax credits has impacted effectuated enrollment levels…
Headline
The Centers for Medicare & Medicaid Services May 15 released its 2027 final standards for the health insurance marketplaces, including the issuers and…