Fierce Healthcare August 15, 2019
A new study examines rising healthcare costs for families with employer coverage.
Healthcare costs for families with employer coverage have risen twice as fast as wages and three times the rate of inflation over the past decade, according to a new report.
In 2018, an average family of four with an employer plan spent $4,706 on premiums and $3,020 on cost-sharing, the Kaiser Family Foundation found. By comparison, a family of four spent $2,838 on premiums and $1,779 in cost-sharing in 2008.
That’s an increase of 67% in costs for benefits and care in those 10 years. In that same window, wages increased by 31% and the inflation rate was 21%.
During the same period, employer contributions to health benefits also...