workers

  • Kaiser Foundation survey of health plans, 2011

    Its annual Employer Health Benefits Survey is just out.  Key findings tend to conform to those of other surveys.

    Premiums in 2011 for single and family coverage in 2011 are $5,429  and $15,073, respectively, amounting to 8% and 9% increases over 2010.

    Premiums increased significantly faster than workers’ wages (2.1%) and general inflation (3.2%).  Since 2001, family premiums have increased 113%, compared with 34% for workers’ wages and 27% for inflation.

    Workers contribute 18% (single) and 28% (family) of premium costs, shares which were unchanged from 2010.  In dollars, that amounts to $921 and $4,129.

    The average deductible for a single enrollee in a PPO plan is $675; for a high deductible health plan (HDHP) with a savings option, $1,908.

    The rise of HDHPs is steep.  The share of employers offering HDHPs rose to 23% from 15% in 2010. 17% of workers are enrolled in a HDHP, up from 13% in 2010 and 8% in 2009.

    Just looking at single person plan deductibles of at least $1,000, the percentage of single coverage workers with at least this deductible rose from 10% in 2006 to 31% in 2011.  Twelve percent of single coverage workers had deductibles of at least $2,000.

    0 comment September 27, 2011