Family Health Insurance Costs Approaching $27,000 Annually

1 min read
Source: Chicago Sun-Times
Family Health Insurance Costs Approaching $27,000 Annually
Photo: Chicago Sun-Times
TL;DR Summary

The cost of employer-sponsored family health insurance has risen to an average of nearly $27,000 annually, matching the price of a new Toyota Corolla hybrid, with premiums increasing for three consecutive years and concerns mounting over rising healthcare costs and policy impacts, including potential coverage reductions for high-cost drugs and the effects of federal budget cuts on Medicaid.

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