Is inflation really easing? Well, for healthcare, not so much. This marks the second year in a row that employer-sponsored health insurance premiums have risen 7 percent, to reach an average of $25,572 annually, according to KFF's annual survey, 2024 KFF Employer Health Benefit Survey.
The survey of 2,142 employers examines trends in employer-sponsored health coverage, including premiums, employee contributions, wellness programs, and employer practices. On average, employees contributed $6,296 toward the cost of family coverage, while the employer contribution was $19,276. The typical premium for individual coverage was $8,951 in 2024.
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