Financial Wellness Center

Rising Premiums

Written by Pensionmark Financial Wellness Team | May 1, 2022 11:20:11 PM

 

Approximately 157 million Americans are covered by employer-sponsored health insurance. From 2010 to 2020, premiums increased much faster than the rate of general inflation, although the increase has slowed somewhat in recent years. Employers absorbed the largest share of the premium increases, and the percentage paid by workers dropped over the period. However, workers are paying additional costs in the form of higher deductibles and other out-of-pocket expenses.

 

Source: Kaiser Family Foundation, 2020

Prepared by Broadridge Advisor Solutions Copyright 2021.