News Briefs: Employer Plan Premiums Hold Steady in 2022
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Oct 28, 2022
The average family premium for employer-sponsored health coverage changed little this year, going from $22,221 in 2021 to $22,463 in 2022, according to the Kaiser Family Foundation’s 2022 Employer Health Benefits Survey. However, KFF President and CEO Drew Altman said in a statement that “this could be the calm before the storm, as recent inflation suggests that larger increases are imminent.” In addition, despite the minimal year-over-year change, the average family premium has risen 43% since 2012, surpassing the 25% rise in inflation during that time and the 38% increase in wages. The survey also found that the average annual deductible for single this year is $1,763, similar to last year ($1,669) but up 61% since 2012 ($1,097). Read more
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