Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

Family health plan costs exceed $20,000 for first time


September 26, 2019

The average cost of family coverage in employer health plans pushed above the $20,000 mark for the first time this year, according to a new report, as the 5% average increase in premiums exceeded the growth rate for wages and general inflation.

Low-wage workers face unique challenges, the study found, since they are less likely to be offered employer coverage and must pay a larger share of the premium when they have the chance to buy it.


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