{"id":1002143,"date":"2021-11-12T07:44:22","date_gmt":"2021-11-12T12:44:22","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1002143"},"modified":"2021-11-12T07:44:25","modified_gmt":"2021-11-12T12:44:25","slug":"health-care-premiums-for-families-increase-nearly-50-in-one-decade","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/health-care-premiums-for-families-increase-nearly-50-in-one-decade\/","title":{"rendered":"Health Care Premiums For Families Increase Nearly 50% In One Decade"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fhealth-care-premiums-for-families-increase-nearly-50-in-one-decade%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1002143&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>A new survey shows that health care costs are exceeding inflation for many American families.<\/p>\n<p>The Kaiser Family Foundation\u2019s <a href=\"https:\/\/www.kff.org\/health-costs\/press-release\/average-family-premiums-rose-4-this-year-to-top-22000\/\">Employer Health Benefits Survey<\/a> revealed that average annual family premiums for employer-sponsored health insurance reached $22,221 in 2021 \u2014 a 4% increase this year. Meanwhile, workers are contributing an average of $5,969 toward the cost of family coverage.<\/p>\n<p>According to the group\u2019s press release, family premiums increased by 47% over the past decade \u2014 outpacing both wage growth and inflation:<\/p>\n<p>The annual change in premiums roughly matches the year-to-year rise in workers\u2019 wages (5%) and inflation (1.9%), though what workers and employers pay toward premiums over time has risen more quickly. Since 2011, average family premiums have increased 47%, more than wages (31%) or inflation (19%).<\/p>\n<p>Roughly 155 million Americans utilize employer-sponsored health care coverage. The Biden administration, however, emphasizes that it is lowering health care costs for Americans who sign up for federal aid.<\/p>\n<p>\u201cHealth insurance is now more affordable than ever thanks to the American Rescue Plan,\u201d said a White House <a href=\"https:\/\/www.whitehouse.gov\/briefing-room\/statements-releases\/2021\/08\/10\/fact-sheet-biden-harris-administration-lowers-health-care-costs\/\">statement<\/a> in August. \u201cBecause of the law\u2019s enhanced tax credits, nine million Americans who buy their coverage through the Affordable Care Act have lower premiums, saving families an average of $40 per person per month \u2014 that\u2019s nearly $2,000 per year for a typical family of four. Since April 1, over one-third of new and returning HealthCare.gov customers have found a quality plan with a premium of $10 or less per month, and returning HealthCare.gov consumers have seen their premiums drop, on average, by 40 percent.\u201d<\/p>\n<p>Indeed, President Biden\u2019s multitrillion-dollar \u201c<a href=\"https:\/\/www.whitehouse.gov\/build-back-better\/\">Build Back Better<\/a>\u201d agenda seeks to further reduce premiums for government plans:<\/p>\n<p>The framework will reduce premiums for more than 9 million Americans who buy insurance through the Affordable Care Act Marketplace by an average of $600 per person per year. For example, a family of four earning $80,000 per year would save nearly $3,000 per year (or $246 per month) on health insurance premiums. Experts predict that more than 3 million people who would otherwise be uninsured will gain health insurance.<\/p>\n<p>As featured by a series of illustrations entitled \u201c<a href=\"https:\/\/www.dailywire.com\/news\/biden-releases-life-of-linda-to-push-cradle-to-grave-build-back-better-agenda\">Life of Linda<\/a>,\u201d the President\u2019s domestic spending agenda seeks to increase the federal government\u2019s role in Americans\u2019 lives \u2014 from cradle to grave.<\/p>\n<p>\u201cLinda is a working mother in Peoria, Illinois. She works at a local manufacturing facility as a production worker and earns $40,000 per year. She is pregnant with her son, Leo,\u201d the graphics say.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A new survey shows that health care costs are exceeding inflation for many American families.The Kaiser Family Foundation\u2019s Employer Health Benefits Survey revealed that average annual family premiums for employer-sponsored health insurance reached $22,221 in 2021 \u2014 a 4% increase this year. Meanwhile, workers are contributing an average of $5,969 toward the cost of family coverage.According to the group\u2019s press release, family premiums increased by 47% over the past decade \u2014 outpacing both wage growth and inflation:The annual change in premiums roughly matches the year-to-year rise in workers\u2019 wages (5%) and inflation (1.9%), though what workers and employers pay toward premiums over time has risen more quickly. Since 2011, average family premiums have increased 47%, more than wages (31%) or inflation (19%).Roughly 155 million Americans utilize employer-sponsored health care coverage. The Biden administration, however, emphasizes that it is lowering health care costs for Americans who sign up for federal aid.\u201cHealth insurance is now more affordable than ever thanks to the American Rescue Plan,\u201d said a White House statement in August. \u201cBecause of the law\u2019s enhanced tax credits, nine million Americans who buy their coverage through the Affordable Care Act have lower premiums, saving families an average of $40 per person per month \u2014 that\u2019s nearly $2,000 per year for a typical family of four. Since April 1, over one-third of new and returning HealthCare.gov customers have found a quality plan with a premium of $10 or less per month, and returning HealthCare.gov consumers have seen their premiums drop, on average, by 40 percent.\u201dIndeed, President Biden\u2019s multitrillion-dollar \u201cBuild Back Better\u201d agenda seeks to further reduce premiums for government plans:The framework will reduce premiums for more than 9 million Americans who buy insurance through the Affordable Care Act Marketplace by an average of $600 per person per year. For example, a family of four earning $80,000 per year would save nearly $3,000 per year (or $246 per month) on health insurance premiums. Experts predict that more than 3 million people who would otherwise be uninsured will gain health insurance.As featured by a series of illustrations entitled \u201cLife of Linda,\u201d the President\u2019s domestic spending agenda seeks to increase the federal government\u2019s role in Americans\u2019 lives \u2014 from cradle to grave.\u201cLinda is a working mother in Peoria, Illinois. She works at a local manufacturing facility as a production worker and earns $40,000 per year. She is pregnant with her son, Leo,\u201d the graphics say. \u201cOnce Leo is born, Linda begins receiving Child Tax Credits of $300 per month ($3600 annually) to help cover essential costs like groceries, rent, and medicine.\u201d\u201cAs Leo grows up, the government helps cover the costs for his daycare, guaranteeing that Linda doesn\u2019t need to pay more than 7 percent of her income on child care,\u201d the series continues. \u201cWhen Leo turns 3, he attends a high-quality Pre-K program for free.\u201d\u201cWhen Leo leaves high school, he\u2019s able to enroll in a community college, thanks to extended Pell Grants and investments in community colleges,\u201d the series adds. \u201cThanks to his community college training, Leo lands a good-paying, union job as a wind turbine technician. Leo\u2019s job is one of four million new jobs a year that are supported by President Biden\u2019s economic plan.\u201d\u201cLater in life, Linda needs home care and hearing care. Thanks to President Biden\u2019s plan, Linda can access affordable hearing care through Medicare, and Leo is able to afford at-home elder care for his mom.\u201dThe Daily Wire is one of America\u2019s fastest-growing conservative media companies and counter-cultural outlets for news, opinion, and entertainment. Get inside access to The Daily Wire by becoming a member.<\/p>\n","protected":false},"author":99,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1002143","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1002143","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/99"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1002143"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1002143\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1002143"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1002143"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1002143"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}