A New Car vs. Health Insurance? Average Family Job-Based Coverage Hits $27K -- KFF Health News

[erronis]

https://kffhealthnews.org/news/article/workplace-health-insurance-premiums-family-plans-kff-survey/
Phil Galewitz

With the federal shutdown entering its fourth week, spurred by a stalemate over the cost of health insurance for 22 million Americans on Affordable Care Act plans, a new report shows that over 154 million people with coverage through an employer also face steep price hikes — and that the situation is likely to get worse.

Premiums for job-based health insurance rose 6% in 2025 to an average of $26,993 a year for family coverage, according to an annual survey of employers released Oct. 22 by KFF, a health information nonprofit that includes KFF Health News.

It’s the first time in two decades that the cost of covering a family of four has risen by 6% or more for three consecutive years, data from KFF shows.

Over the last five years, the average premium for family coverage has increased by 26%, compared with a 29% increase in workers’ wages and nearly 24% growth in inflation. The average cost for family coverage is now about the same as a new Toyota Corolla hybrid.

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[surfered]

1. Shocking!

[mwmisses4289]

2. And for those making federal minimum wage,

like many things, unaffordable. Cars, housing, healthcare....when the price of even one of those is your yearly salary (or more), living becomes unaffordable.