Families paying 9 percent more for health coverage

If you’ve been feeling especially pinched by the cost of your health insurance premiums this year, here’s why: Nationally, people covered by employer group plans paid a much sharper increase this year than last year, according to the annual Employer Health Benefits survey done by the Kaiser Family Foundation  and the Health Research & Educational Trust.

Family coverage premiums rose 9 percent in 2011, compared to 3 percent in 2010, with the average annual cost of family coverage running $15,073. That includes both the employer’s and employee’s contribution combined, with the employee kicking in $4,129 of the premium cost, or about $344 a month for family coverage.

The cost of family coverage has now risen 113 percent in the past decade, according to the report.

The average annual premiums for single coverage this year is $5,429, up 8 percent over last year, the organizations found.

Some other findings: PPOs remained the most common plan type, enrolling 55 percent of covered workers. More people with coverage faced additional out-of-pocked costs when they used health care services. And the number of workers in high-deductible health plans with savings options grew.

Read more at http://ehbs.kff.org

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