Medical health insurance premiums climbed by 4% in 2021

The annual value for employer-sponsored medical health insurance rose modestly over the previous 12 months, with the typical premium for single protection hitting $7,739 a 12 months and $22,221 for a household plan, in keeping with the Kaiser Household Basis’s 2021 Employer Well being Advantages Survey. 

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The typical value of each single and household protection rose about 4% 12 months over 12 months, matching the 5% rise in staff’ wages.


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Though the current rise in premium costs is modest in comparison with earlier a long time (the place worth jumps had been within the double digits yearly), the price of well being care nonetheless has risen much more rapidly than wages or inflation over time. Since 2011, for instance, household medical health insurance premiums have elevated 47% in comparison with the 31% enhance in wages and the 19% inflation progress. 

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“Premiums are rising slightly slower within the final 5 years, within the final 10 years, than they did earlier than. It is simply sort of a two edged sword, proper? Slower than our previous progress, however nonetheless over time, sooner than wages and inflation, and we have to determine one thing out about that,” says Matthew Rae, a co-author on the report and affiliate director of KFF’s Program on the Well being Care Market.

Of the 155 million People enrolled in an employer-sponsored well being plan, staff sometimes pay a smaller portion of the general value. This 12 months, staff had been on the hook for a median of 17% of the full premium value, or $1,299 a 12 months, for a person plan and 28%, or $5,969, for a household plan. On a month-to-month foundation, that breaks all the way down to $108 for particular person staff and $497 for these enrolled in household protection. 

The fee carried by staff does differ by employer, and People working at smaller firms typically contribute the next share of the premium prices. Relating to household protection, for instance, staff at small corporations pay about 37% of the premium in comparison with these employed at bigger firms who pay about 24% of the fee.

Nearly all of staff, 85%, even have an annual deductible—$1,669 on common— that should be met earlier than most companies are paid for by the plan. That’s up from about 74% of staff who had a deductible 10 years in the past. General, the dimensions of deductibles have risen about 68% over the course of a decade—the typical deductible was simply $991 in 2011.

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