Health insurance premiums, which largely remained unchanged this year compared to 2021, might rise significantly in 2023 due to inflation, according to a survey by the Kaiser Family Foundation (KFF).
Annual family premiums for employer-sponsored health insurance are calculated to average $22,463 in 2022, which is just over a 1 percent increase from last year’s $22,221, according to a press release on Oct. 27. Workers were found to be contributing an average of $6,106 per year toward the cost of family premiums, with the rest being paid by employers. According to KFF president and CEO Drew Altman, a sharp rise in premiums might be incoming.
