Employers’ premiums for US families’ health insurance topped $25K in ‘24

Quick Summary:

COMPANIES’ premiums for employees’ family health insurance increased at more than double the US inflation rate to over $25,000 in 2024 as costs of care rose, according to a study.

However, only about one in five employers with at least 200 workers that offer health benefits said they now cover such drugs for weight loss.

Some of the largest employers in the US are trying to reduce the burden of rising health-care costs on lower-wage workers, the survey reported.

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Article Details

Author / Journalist: BusinessMirror

Category: BusinessStartups

Markets: Philippines

Topics: Inflation Survey Percent Premiums Employers Insurance Coverage Health Drugs Prices Year

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-09 @ 14:03:58 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 556 words

Reading Time: 4 minutes read

Sentences: 17 lines

Sentence Length: 33 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 22969573

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About Business Mirror

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 116 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 11 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Publisher ID: #37

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