Becker's Healthcare October 10, 2024
Rylee Wilson

The average annual premiums for employer-sponsored insurance for families increased by 7% in 2024, according to KFF’s annual Employer Health Benefits Survey.

KFF published its annual survey Oct. 9. The report is compiled from interviews with business owners and human resource and benefits managers at more than 2,000 firms.

Here are 10 key numbers to know about employer insurance in 2024:

  1. The average annual premium for employer-sponsored insurance in 2024 was $8,951 for individuals and $25,572 for families.
  2. Premium costs rose faster than wages in 2024. Workers wages increased by 4.5% from 2023 to 2024, and inflation was 3.2%. Individual coverage was 6% more expensive in 2024 than in 2023, and family coverage was 7%...

Today's Sponsors

LEK
ZeOmega

Today's Sponsor

LEK

Continue Reading

 
Topics: Employer, Insurance, Patient / Consumer, Survey / Study, Trends
Related Articles:
GLP-1 drug coverage for obesity making inroads with large employers: Mercer
44% of large employers cover weight loss drugs for obesity: Mercer
Weight-loss Drug Coverage Rises Among Largest US Employers, Mercer Survey Finds
Most American adults qualify for semaglutide. Will employers cover the cost?
How AI Is Reshaping Industries And Creating Tomorrow’s Job Market

Share This Article