Over the last 10 years, insurance premium costs paid each year by employers and their workers have risen by nearly $8,000.
Health care costs are on the rise and a recent poll shows the high cost of health care is a burden on American families. One in four adults said it's difficult for them to afford prescription drugs, a pain point that was noted by President Joe Biden.
According to the poll, many families said lowering their out-of-pocket health care costs is their top health care priority. "Our premium is $11,000 a year that we pay to our insurance," Wilson said."And then, just recently I have had a procedure planned for maybe like two or three months and I just got a denial that it is not covered."
According to KFF, the annual cost of employer-sponsored family health insurance coverage soared to an average of nearly $24,000 in 2023. Ten years ago, the average total was about $7,600 less.
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