Health insurance premiums rise to $24,000 a year

By Cailley LaPara
Published 3 Min Read

An elderly man is frustrated at the table.
Theron/peopleimages.com from AdobeStock

Health insurance premiums jumped this year amid a post-pandemic spike in costs of care, adding to the burden on employers and workers as inflation erodes broader buying power.

The average employer-sponsored health insurance premium for U.S. families rose 7% to almost $24,000 this year, according to an annual Kaiser Family Foundation (KFF) survey of more than 2,000 U.S. companies, compared with a 1% increase last year. Premiums for individual employer coverage rose at the same rate.

Cailley LaPara

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