Private Health Insurance Premiums Increase 13.9% In 2003

September 15, 2003  Private Health Insurance Premiums Increase 13.9% In 2003 Private health insurance premiums increased 13.9% in 2003, a larger increase than last year and the third consecutive year of double-digit increases. This was also the largest increase since 1990. While employers are not dropping coverage, most are passing on higher costs to employees. Over the past three years, the amount of the premium employees pay for family coverage has increased almost 50%, from $1,619 to $2,412. The typical family health insurance policy now costs $9,068, with employers on average paying 73% and . . .