Phia Group Russo & Minchoff

Health Insurance Premiums Up by Half Since 2003

WASHINGTON — The average premium for a family’s employer-based health insurance in 2010 was nearly $14,000, which represents a 50% increase since 2003, according to a study from the Commonwealth Fund.

If the rate of growth continues, the average annual total premium for a family in 2020 could be nearly $24,000, according to the report. That total includes both what the employer and the employee pay.


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