Fact Based List:

Commonwealth Fund: Premium and Deductible Cost Sharing

Submitted by Anonymous on Fri, 12/07/2018 - 16:18


  1. Average employee premium contributions for single and family plans amounted to nearly 7 percent of U.S. median income in 2017, up from 5 percent in 2008.
  2. In 11 states, premium contributions were 8 percent of median income or more, with a high of 10.2 percent in Louisiana.
  3. Premium and deductible costs amounted to nearly %12 of median income in 2017. Added together, the total cost of premiums to workers and potential spending on deductibles for both single and family
  4. This combined cost ranged from a low of $4,664 in Hawaii to a high of more than $8,000 in eight states.
  5. In two states, Mississippi and Louisiana, these combined costs rose to 15 percent or more of median income.
  6. Premiums for employer health plans rose sharply in nearly every state in 2017. After climbing modestly between 2011 and 2016, overall premiums for employer health plansgrew more sharply in 2017
  7. Annual single person premiums rose above $7,000 in eight states and family premiums were $20,000 or higher in seven states.
  8. Average premiums for families increased overall in 44 states and the District of Columbia.
  9. Between 2016 and 2017, employee premium contributions rose by 6.8 percent to $1,415 for single-person plans and by 5.3 percent to $5,218 for family plans
  10. Contributions for single plans increased in 32 states, ranging from a low of $675 in Hawaii to a high of $1,747 in Massachusetts
  11. Contributions for family plans rose in 35 states and the District of Columbia, with the lowest increase in Michigan ($3,646) and the highest in Delaware ($6,533).
  12. The average deductible for single policies rose to $1,808 in 2017, a 6.6 percent increase.


Source: MCOL Blog
Source URL: http://www.mcolblog.com/kcblog/2018/12/7/premium-and-deducti...



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