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Health Premium Growth Slows to 4.5%

This year's increase is down from the 9.5% jump in 2011; family coverage now averages $15,745.

By Alex Wayne and Alex Nussbaum, Bloomberg | Updated on September 11, 2012

Growth in the health insurance premiums charged by companies including UnitedHealth Group Inc. and WellPoint Inc. has slowed to 4.5 percent this year, less than half of 2011’s rate, the Kaiser Family Foundation said.

The average cost for a family plan obtained through an employer jumped to $15,745 this year, from $15,073 in 2011, when premiums rose 9.5 percent, the Menlo Park, California-based research group said today after surveying more than 2,000 companies. Premiums, a cost typically shared by employers and employees, have doubled in the past decade, three times the gains in wages and inflation, according to Kaiser.

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