Weekly News Wire | November 5, 2020
Employer Health Care Costs Rose 4% Between 2019 & First Half 2020
A survey of employers about their plans for health benefits for 2020 found that between 2019 and the first half of 2020, the average premium rose by 4% for both individual coverage and family coverage. The average individual coverage premium was $7,470; the average family coverage was $21,342.
About 83% of covered workers have a deductible. For those with a deductible, the average individual deductible is $1,644, down slightly from the 2019 average of $1,655. Nearly all covered workers are in plans with an out-of-pocket maximum. For individual coverage, 11% of covered workers have . . .
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