Logo
Sound journalism, grounded in facts and Biblical truth | Donate

Premiums rise faster than wages


Illustration by Krieg Barrie

Premiums rise faster than wages
You have {{ remainingArticles }} free {{ counterWords }} remaining. You've read all of your free articles.

Full access isn’t far.

We can’t release more of our sound journalism and commentary without a subscription, but we can make it easy for you to come aboard.

Get into news that is grounded in facts and Biblical truth for as low as $3.99 per month.

LET'S GO

Already a member? Sign in.

$20,576

The average family health insurance premium in the United States in 2019 for employer-sponsored plans, when both the employer and the worker contributions are added together, according to the Kaiser Family Foundation (KFF). This included an average employer contribution of $14,561 and an average worker contribution of $6,015. For individual coverage in employer-sponsored plans, the average health insurance premium was $7,188, which included an average employer contribution of $5,946 and an average worker contribution of $1,242.

2.3%

The U.S. rate of inflation in 2019.

3.4%

The increase in U.S. workers’ wages from 2018 to 2019.

4%

The increase in the average U.S. individual health insurance premium from 2018 to 2019, which is higher than the percentage increase in workers’ wages and nearly twice the rate of inflation, according to KFF.

5%

The increase in the average U.S. family health insurance premium from 2018 to 2019, which is more than 1 percentage point higher than the increase in workers’ wages and more than twice the rate of inflation.

COMMENT BELOW

Please wait while we load the latest comments...

Comments

Please register, subscribe, or login to comment on this article.