Family Health Insurance Is No Longer Affordable Through Small Employers

(By Drew Altman for the Kaiser Family Foundation Published: Nov 28, 2023)

One thing that really jumped out from our 25th annual KFF employer health benefit survey: Small employers no longer have affordable coverage for workers with families.

Workers employed by small firms—those with fewer than two hundred employees—would need to pay $8,334 on average towards the premiums each year for family coverage. Employers pay the difference on premiums that average $23,621 for family coverage. But enrolling a family at these firms can often be much more– a quarter of covered workers at small firms must pay $12,000 annually or more to enroll in family coverage. Covered workers at small firms on average must pay a larger share of family premiums than those at larger firms. Continue reading here…

Notice: The link provided above connects readers to the full content of the posted article. The URL (internet address) for this link is valid on the posted date; medicarereport.org cannot guarantee the duration of the link’s validity. Also, the opinions expressed in these postings are the viewpoints of the original source and are not explicitly endorsed by AMAC, Inc.; the AMAC Foundation, Inc.; or medicarereport.org