Work health insurance costs soared this year
The cost of health coverage through work jumped this year, in part because of inflation, according to a survey of
Premiums for family and single plans climbed 7% after barely rising in 2022, according to a report Wednesday by KFF, a nonprofit that researches health care issues. Health care experts say another price hike could be coming. Employer-sponsored health insurance is the most common form of coverage in the
Companies generally pay most of the premium — often 70% or more. Coverage costs are taken out of paychecks before taxes, which helps mitigate the financial pinch workers may feel, noted
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