After several years of modest increases, health insurance premiums paid by employers this year rose by 9% from 2010, much faster than workers’ wages (2.1%) and general inflation (3.2%), according to a Kaiser Family Foundation annual report. That’s the largest annual premium increase in the past six years.
Annual premiums for employer-sponsored family coverage rose to $15,073, the first time average family premiums have topped $15,000. Employers, on average, paid $10,944 toward family coverage, while employees picked up the remaining $4,129. For employee-only coverage, premiums rose by 8% this year, reaching $5,429 annually. Read more at www.kff.org.