Your Guide to Open Enrollment 2023

Health care costs have continued to rise, but employers are enhancing benefits for 2023.

ducks being picked by a hook like a carnival game
(Image credit: Illustration by Federico Gastaldi)


Inflation has made everything from gas to eggs more expensive, and health care is no exception: Costs rose 8.2% in 2021, the biggest jump since 2018, according to the Business Group on Health. Besides being affected by overall inflation, health care prices were pressured by a surge in claims from consumers who scheduled appointments and procedures they had put off during the pandemic. Those factors continued to drive up costs in 2022. For the 2023 health insurance plans that workers will choose during the upcoming open-enrollment period, premiums are set go up some more, rising up to 8%, according to the Segal Group, a human resources and benefits consultant.

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Rivan V. Stinson
Ex-staff writer, Kiplinger's Personal Finance

Rivan joined Kiplinger on Leap Day 2016 as a reporter for Kiplinger's Personal Finance magazine. A Michigan native, she graduated from the University of Michigan in 2014 and from there freelanced as a local copy editor and proofreader, and served as a research assistant to a local Detroit journalist. Her work has been featured in the Ann Arbor Observer and Sage Business Researcher. She is currently assistant editor, personal finance at The Washington Post.