The average cost of employer health coverage surpassed $21,000 for a family plan this year, according to a new survey, a rise reflecting rates calculated before the pandemic upended normal patterns of medical care.
Annual premiums rose 4% to hit $21,342 for an employer-provided family plan in 2020, up from $20,576 last year, according to the yearly poll of employers conducted by the nonprofit Kaiser Family Foundation. On average, employees paid $5,588 of the total this year, with the rest of the cost borne by the employers. The amount of the employee contribution was statistically unchanged from 2019.
The average cost of an employer health plan for an individual for 2020 was $7,470, also up about 4% from last year.
The Kaiser survey also found that employers were tapping the brakes on deductibles, which have risen steadily over the past decade. The average 2020 general deductible for individual-worker coverage was