Health insurance premiums on the rise

September 11, 2012|By Andrea K. Walker

Americans are paying a little more for health coverage this year.

Premiums rose modestly for single and family employer-sponsored coverage, according to an annual survey by the Kaiser Family Foundation/Health Research and Educational Trust.

The average annual premium in 2012 was $5,615 for single coverage, a 3 percent increase from 2011, while family coverage was $15,745, a 4 percent increase.  

Companies continued to offer insurance despite the country's sluggish economic environment. About 61 percent are offering insurance this year, compared to 62 percent last year. 

Because of health reform 2.9 million young adults under aged 26 were enrolled on their parent's plan, the survey also found.

The survey was based on telephone interviews with 2,121 public and private employers contacted from January through May 2012. Key findings from the study were published in a Web article in the journal Health Affairs.

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