Health insurance premiums are going up next year — unless you work at these companies
Summary
Health insurance premiums are expected to increase next year, but some companies are covering the full cost of their employees' health plans. Employers like Boston Consulting Group offer zero-premium health insurance to attract and retain workers, without deducting premiums from their paychecks.Key Facts
- Health insurance costs in the U.S. have risen more than 24% since 2019.
- In 2024, insurance premiums are expected to increase by 6% to 7% on average.
- Companies such as Boston Consulting Group pay the full insurance premiums for their employees.
- About 154 million Americans receive health insurance through their employers.
- Around 12% of large companies offer at least one plan with no upfront costs for individual employees.
- For-profit entities like drugmakers and insurance companies contribute to rising healthcare costs.
- Increased demand for healthcare post-pandemic has also driven prices higher.
- Mergers in the healthcare sector have reduced competition, allowing businesses to raise prices.
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