The Kaiser Family Foundation (KFF) has just released a report
that shows that employer-sponsored family health coverage premiums have risen three percent in the past year. This increase is part of a recent trend of moderate premium grown. Over the past five years, the rate of premium increase has been less than in the preceding five years.
“The relatively slow growth in premiums this year is good news for employers and workers, though many workers now pay more when they get sick as deductibles continue to rise and skin-in-the-game insurance gradually becomes the norm,” Kaiser Foundation President and CEO Drew Altman, Ph.D., said.
The report notes that deductibles have increased, on average, and around 80 percent of all covered workers face a general annual deductible. Covered workers at smaller companies (in this context defined as under 200 employees) tend to have higher deductibles.
The report also examines ways that employers will be impacted by the Affordable Care Act (ACA). The report found that most employers that will be required to offer health insurance by the ACA already offer health benefits. It notes that there will be fewer covered workers in "grandfathered plans", firms have reduced waiting periods for new employees to gain coverage, and many employers are considering changes to retiree health benefits because of the law.
Kaiser's brief on the report is available here