Average family premiums for employer-sponsored health insurance top $22,000 in 2021

The annual survey of employers provides a detailed look at trends in employer-sponsored health coverage, including premiums, employee contributions, cost-sharing provisions, offer rates, wellness programs, and employer practices. The 2021 survey included 1,686 interviews with non-federal public and private firms. Annual premiums for employer-sponsored family health coverage reached $22,221 this year, up 4% from last…

Medicare is evolving into a program that looks more like a marketplace of private plans with a public plan as a backup option!

A fundamental change in the architecture of Medicare is rapidly happening into something different to what people think the Medicare program is. Medicare Advantage (MA) continued to grow during the pandemic, and most Medicare enrollees will be in private plans in a couple of years despite MA’s deep-rooted problems. Spending on MA is rising precipitously…