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Workers hit hard by rising employer health insurance costs

Workers hit hard by rising employer health insurance costs

Summary

Health insurance costs for workers with employer-sponsored plans are rising, especially for small businesses and their employees. The average price for family health insurance plans increased by 5 percent in 2024, reaching over $28,000.

Key Facts

  • Many Americans get health insurance through their jobs.
  • The average cost of a family health plan went up by 5% this year.
  • The cost now exceeds $28,000 annually.
  • Small businesses and their workers face particularly high increases.
  • The information comes from the KFF Employer Benefits Survey.
  • Rising costs may affect workers’ pay and benefits.
  • Health insurance price growth outpaces overall inflation.
  • This trend impacts millions of workers across the country.
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