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.
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.
2019 Health Insurance Premiums: Reports & Resources
- how aca marketplace premiums change by county in 2019: many low-income consumers who are eligible for federal financial help under aca can get a bronze level plan and not pay nothing-out-of-pocket in premiums in more than 2,000 counties next year, depending on your annual income, according to a new analysis. but such plans may come with higher deductibles and out-of-pocket maximums. (See problem summary with interactive state maps. | Kaiser Family Foundation, 11/20/2018.
- Health Exchanges: 2019 average monthly premiums for the second lowest cost silver plan and the lowest cost plan for states using the healthcare.gov platform, 2016-2019. the tables linked below indicate the average monthly premiums for the second lowest cost silver plan (slcsp) and the lowest cost plan (lcp) in the 39 states using the healthcare.gov platform, as well as the state average for slcsp and lcp premiums premiums shown are for a 27 year old single non-smoker. ♦ State-by-State Premiums – Updated October 11, 2018 – Posted by cms.
- Updated Navigator Resource Guide (Updated: November 2018): The Navigator Guide provides information on recent policy changes, a list of enrollment tools for consumers and attendees, and answers to hundreds of frequently asked questions, ranging from questions about eligibility for Marketplace subsidies to post-enrollment questions. the guide is a helpful resource during open enrollment season. you can access it online through the georgetown university site.
- Updated Health Insurance Marketplace Calculator for 2019: The Health Insurance Marketplace Calculator, published by Kaiser Family Foundation (KFF), now includes local data on health plans. health of 2019 that are sold through affordable care. act (aca) markets during the 2019 open enrollment period. with the tool, consumers across the country can generate estimates of their health insurance premiums and what financial help may be available, based on household income, size of family, ages of family members, and zip code, for aca market plans sold in your local area. . the calculator also helps consumers determine if they might be eligible for medicaid. • A Spanish version of the calculator is also available. • kff also offers a searchable collection of over 300 frequently asked questions about open enrollment, marketplaces, and aca.