Employers Keep Shifting Health Costs

Affordability is a big concern among employers.

Employers are worried about rising health care costs for their workers, but that isn’t preventing them from shifting more costs to employees.

A worker’s share of the cost of a family policy jumped an average of 14% this year, and is on track to climb by a similar amount next year. Since 2005, health insurance premiums are up by 27 percent, but workers have seen a 47% jump in their share of the costs. Meanwhile, wages are up just 18%.

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Martha Lynn Craver
Associate Editor, The Kiplinger Letter