Premiums, Deductibles Take Growing Portion of Workers’ Paychecks

People with employer-sponsored health plans spent 11.6% of their median household income on premiums and deductibles in 2020, up from 9.1% in 2010, according to an analysis published by The Commonwealth Fund. In 37 states, premiums and deductibles accounted for 10% or more of employees’ median income in 2020, with those in Mississippi and New Mexico facing the highest potential costs relative to income. The average premium for single coverage and family coverage reached $1,532 and $5,978 nationally.

commonwealth-premium-study-2021

NOTES: Combined estimates of single and family premium contributions and deductibles are weighted based on the distribution of single-person and family households in the state. Employee premium contributions are for insurance policies offered by private-sector employers.

SOURCE: “State Trends in Employer Premiums and Deductibles, 2010–2020,” The Commonwealth Fund, January 2022.

This infographic was reprinted from AIS Health’s weekly publication Health Plan Weekly.

© 2024 MMIT
Jinghong Chen

Jinghong Chen Reporter

Jinghong has been producing infographics and data stories on employer-sponsored insurance, public health insurance programs and prescription drug coverage for AIS Health’s Health Plan Weekly and Radar on Drug Benefits since 2018. She also manages AIS Health’s annual executive compensation database for top insurers and Blue Cross and Blue Shield affiliates. Before joining AIS Health, she interned at WBEZ, Al Jazeera English and The New York Times Chinese. She graduated from Missouri School of Journalism with a focus on data journalism and international reporting.

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