Summary of the 2020 Employer Health Benefits Annual Survey
Health Insurance Premiums
The average premium rose 4% for both single and family coverage over the past year—around $7,470 and $21,342 respectively.
Worker Contributions
Workers contributed $1,243 and $5,588 toward their premiums for single and family coverage, respectively.
Self-funding
Self-funded plan enrollment increased over the past year, with 23% of workers with small employers enrolled in either a partially or entirely self-funded plan, compared to 84% of workers with large employers.
Contact us for more information on benefits offerings or what you can do to control your health care costs.
Each year, the Kaiser Family Foundation and the Health Research & Educational Trust conduct a survey to examine employer-sponsored health benefits trends. Request a full summary from Deutsch & Associates, LLC for more details.
Plan Enrollment Trends
The following were the most common plan types in 2020:
- • Preferred provider organizations (PPOs)—47% of workers covered
- • High deductible health plans with a savings option (HDHP/SOs)—31% of workers covered
- • Health maintenance organizations (HMOs)—13% of workers covered
- • Point-of-service (POS) plans—8% of workers covered Read More
