Healthcare DIVE January 17, 2024
Families with employer-sponsored plans missed out on an average of more than $125,000 in earnings over more than three decades as premiums increased.
Dive Brief:
- Families with employer-sponsored health insurance lost out on an average of more than $125,000 in earnings over the past 30 years as growing premiums cut into their wages, according to a study published in JAMA Network Open.
- Premiums as a percentage of compensation were significantly higher for Hispanic and Black families over the more than 30-year study period compared with White families. Lower-income people were also more burdened by increasing health insurance costs.
- Rising premiums are likely linked to lower earnings, increased income inequality and wage stagnation, researchers said.
Dive...
Today's Sponsors
Today's Sponsor