Health Insurance Costs Jump 7% to Nearly $24,000, Hitting Small Companies and Workers Hardest

Average cost of family health insurance plan jumped 7% this year to nearly $24,000, the highest increase in a decade.

Small companies see much larger premium increases, with workers paying nearly $2,500 more on average than at larger companies.

Inflation is slowing but health insurance costs are still rising due to higher prescription drug costs and health care worker wages.

Employers want to maintain benefits to attract workers even as costs rise.

1 in 3 large employers say there are not enough behavioral health providers to ensure timely mental health care access.