News

Costs Of Employer Insurance Plans Surge in 2011

09.28.2011 - National Healthcare Reform

Employers' spending on health coverage for workers spiked abruptly this year, with the average cost of a family plan rising by 9 percent, triple the growth seen in 2010.

Family plan premiums hit $15,073 on average, while coverage for single employees grew 8 percent to $5,429, according to a survey released Tuesday by the Kaiser Family Foundation and the Health Research & Educational Trust. (Kaiser Health News is an editorially-independent program of the foundation.)

Workers paid an average of $921 toward the premium of single coverage and $4,129 for family plans.

The results mark a sharp departure from 2010, when the same survey found average family premiums up only 3 percent.

Although many benefit analysts say the federal health law’s requirements played only a small part in the rise, the results could provide political fodder for both supporters and opponents of the law.

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http://www.kaiserhealthnews.org/Stories/2011/September/27/Employer-Health-Coverage-Survey-Shows-Employer-Spending-Spike.aspx