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Institute for Workplace Studies-----------------Professor Samuel B. Bacharach

School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies

Cornell University

16 East 34th Street, 4th floor--------------------Stuart Basefsky

New York, NY 10016 -------------------------------Director, IWS News Bureau

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The Commonwealth Fund

 

NATIONAL TRENDS IN THE COST OF EMPLOYER HEALTH INSURANCE COVERAGE, 2003-2013 [9 December 2014]

by Sara R. Collins, David C. Radley, Cathy Schoen, and Sophie Beutel

http://www.commonwealthfund.org/publications/issue-briefs/2014/dec/national-trends-employer-coverage

or

http://www.commonwealthfund.org/~/media/files/publications/issue-brief/2014/dec/1793_collins_nat_premium_trends_2003_2013.pdf

[full-text, 10 pages]

 

Abstract

Looking at trends in private employer-based health insurance from 2003 to

2013, this issue brief finds that premiums for family coverage increased 73 percent over the

past decade—faster than median family income. Employees’ contributions to their premiums

climbed by 93 percent over that time frame. At the same time, deductibles more than doubled

in both large and small firms. Workers are thus paying more but getting less protective benefits.

However, the study also finds that while premiums continued to rise through 2013, the rate of

growth slowed between 2010 and 2013, following implementation of the Affordable Care Act.

While families experienced slower growth in premium contributions and deductibles over this

period, sluggish growth in median family income means families are paying more in premiums

and deductibles as a share of their income than ever before.

 

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