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Family Health Premiums Resume Rapid Rise, Top $22,000 a Year

Nov. 10, 2021, 6:02 PM

Annual family premiums for employer-sponsored health insurance rose 4% to average $22,221 in 2021, the Kaiser Family Foundation reported Wednesday.

Workers contributed $5,969 toward the cost of family coverage with employers paying the rest, the KFF reported in its 2021 employer benefits survey of nearly 1,700 large and small companies.

The premium changes roughly match the 5% year-to-year rise in workers’ wages. Inflation increased 1.9% over the same period. according to the data.

Companies and employers providing health coverage to about 155 million Americans enjoyed a respite from rapidly rising cost increases during 2020, when the pandemic stopped many people ...