Employers shift costs with 12% surge in deductibles


http://www.healthcaredive.com/news/employers-shift-costs-with-12-surge-in-deductibles/426292/

  • The average deductible for employer-sponsored health plans has risen 12% this year to $1,478 annually, and has exceeded $2,000 at small businesses, according to a new Kaiser/HRET survey, which looked at more than 1,900 small and large employers to analyze the trends around employer-sponsored health insurance.
  • The rapid increase in deductibles, which puts more healthcare costs on the shoulders of employees, has been a significant factor in helping employer-sponsored plans slow down their premium increases to “historically low rates,” the study found. It noted that since 2011 the average family premium has gone up just 20%, compared to 31% from 2006 and 2011, and 63% from 2001 to 2006.
  • The analysis illustrates the shift between plan types, showing 29% of all employees are now in high-deductible plans compared to 20% in 2014, while those employees in higher cost PPO plans have gone down from 58% in 2014 to 48% in 2016.

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