Health Insurance: Premiums and Increases

The rising cost of health insurance is a central fact in any discussion of health policy and health service delivery.

In 2018, the average annual premium for employer-paid family coverage increased 5% to $19,616 for individual coverage, premiums increased 3% to $6,896. covered workers contributed 18% of the cost of individual coverage and 29% of the cost of family coverage, on average, with considerable variation between companies.

Reading: How much does us health insurance cost

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By comparison, annual premiums for 2017 reached $18,764, 3 percent more than 2015 for median family coverage with workers paying an average of $5,714 for the cost of their coverage, according to Kaiser Employer Survey, October 2018 and 2017, which applies to employer-based insurance.

For those Americans who have full coverage, these cost realities affect employers both large and small, in addition to the “out-of-pocket hit” for ordinary families. For those who purchased insurance on a private market or exchange plan for 2018, the average increase with subsidies was $201. 2019 policy premiums are now final and have more moderate average increases, with some rate decreases. see 2019 rate statements below.

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2019 Health Insurance Premiums: Reports & Resources

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