Chart of the Day: Health Care Premiums Hardly Increased at All This Year

The Kaiser Family Foundation announced today that large corporations now pay an average of nearly $20,000 per employee for family health premiums. In order to give you a better idea of what this means, here’s a chart showing how much that’s grown from last year:

Adjusted for inflation, big employers are paying about 1.3 percent more for family premiums. At the same time, Obamacare premiums this year will barely rise at all—and if it weren’t for deliberate sabotage efforts by Republicans, Obamacare premiums probably would have declined.

Health care costs are still rising faster than inflation. However, for the past decade there have been only a couple of years with substantial increases. The average increase has been less than 3 percent. It’s still a problem, but it’s a problem that’s getting smaller all the time.

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DEMOCRACY DOES NOT EXIST...

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In this election year unlike any other—against a backdrop of a pandemic, an economic crisis, racial reckoning, and so much daily crazy—Mother Jones' journalism is driven by one simple question: Will America will move closer to, or further from, justice and equity in the years to come?

If you're able to, please join us in this mission with a donation today. Our reporting right now is focused on voting rights and election security, corruption, disinformation, racial and gender equity, and the climate crisis. We can’t do it without the support of readers like you, and we need to give it everything we've got between now and November. Thank you.

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