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Must-Read: The Kaiser 2019 Employer Health Benefits Survey

It's not early October without the Kaiser Family Foundation releasing their 2019 Employer Health Benefits Survey.  It's the best report of healthcare costs and trends available, and a must for any HR leader who wants to be knowledgeable about cost trends.

This annual survey of employers provides a detailed look at trends in employer-sponsored health coverage, including premiums, employee contributions, cost-sharing provisions, offer rates, wellness programs, and employer practices. The 2019 survey included 2,012 interviews with nonfederal public and private firms.

So what did we learn in the 2019 report?  

Annual premiums for employer sponsored family health coverage reached $20,576 this year, up 5% from last year, with workers on average paying $6,015 toward the cost of their coverage. The average deductible among covered workers in a plan with a general annual deductible is $1,655 for single coverage. Fifty-six percent of small firms and 99% of large firms offer health benefits to at least some of their workers, for an overall offer rate of 57%.

Some of you are wondering how that breaks down across HMO, PPO, POS and HDHPs.  I get it, you're nerdy.  I like that you're nerdy - here's the chart you need (email subscribers click through if you don't see the image below):

Kaiser

A few of you look at that and say, "Hey what about EE+Spouse or EE+1?".  That's cute - you know most of us have carved out EE+Spouse long ago.

If you read one thing about healthcare cost all year, this report is the bible.  Go get the full report here!

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