Every year, the Kaiser Family Foundation surveys the costs of employer-sponsored health insurance, measuring trends in the total costs borne by both employers and covered employees and families.

As of 2023, the average employee contribution towards employer-sponsored insurance premiums was $659 per month for self-only coverage, and $1,871 per month for family coverage. 

While average premium costs for employer-sponsored individual plans have remained relatively steady, family coverage premiums have increased by 20 percent over the past five years, and 43 percent over the previous decade.

Even with significant health insurance cost sharing by employees, health insurance premiums continue to weigh heavily on employers. On average, employers contributed around $6,500 per year towards individual premiums, and $16,300 towards family premiums as of 2023.

Even with employer-subsidized health insurance costs, workers and their families still face significant out-of-pocket costs in the form of deductibles before the insurance policies they pay high premiums for will begin to pay benefits.

The average deductible for single coverage for workplace plans in 2023 was $1,763. Deductibles for these plans have increased by approximately 13 percent  over the past five years, and by a whopping 61 percent over the past decade. 

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