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Stock impact report

Premiums this year may surprise you: Why health insurance is getting more expensive [USA TODAY]

TriNet Group, Inc. (TNET) 
Last trinet group, inc. earnings: 4/28 04:25 pm Check Earnings Report
Company Research Source: USA TODAY
The average cost for a family health insurance plan offered through an employer increased 7% this year to $25,572, according to the annual employer health benefits survey released Wednesday by KFF, a nonprofit health policy organization. The cost of Family health insurance jumped 7% for the second consecutive year after a decade of more modest yearly increases. Family insurance rates increased by just 1% in 2022. Insurance costs for individuals bumped up 6% to $8,951 this year, according to the survey. A year ago, individual plans increased 7%. These rising health insurance costs add up for companies that pay the bulk of the tab and for families, many of whom are struggling to afford higher costs of rent and groceries. Health insurance costs rose at higher rates than the 4.5% increase in workers' wages and the 3.2% jump in inflation, which cooled after spiking in 2021 and 2022. Capitalize on high interest rates: About 154 million working-age Americans and their families get Show less Read more
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