Employer Sponsored Coverage – Just the Facts

We’re often asked by clients and colleagues about how their health coverage (and related costs) stacks up against the averages. Kaiser Family Foundation (KFF) recently released the results of their Annual Employer Health Benefits Survey. Among the findings:

  • Employer-sponsored insurance covers about 149 million nonelderly people.
  • In 2013, the average annual premiums for employer-sponsored health insurance are $5,884 for single coverage and $16,351 for family coverage.
  • There is significant variation around the average single and family premiums, resulting from differences in benefits, cost sharing, covered populations, and geographical location.
  • 21% of covered workers are in plans with an annual total premium for family coverage of at least $19,622 (120% of the average family premium).
  • 21% of covered workers are in plans where the family premium is less than $13,081 (80% of the average family premium).
  • Over the last 10 years, the average premium for family coverage has increased 80%.
  • 57% of firms offer health benefits to their workers.
  • 45% of employers with 3 to 9 workers offer coverage, but virtually all employers with 1,000 or more workers offer coverage to at least some of their employees.

The complete results and analysis of KFF’s Employer Health Benefit Survey can be found at http://kff.org/private-insurance/report/2013-employer-health-benefits/



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