Employer Health Coverage Hits $20000 Secrets Inside

The Breakdown of Health Coverage Costs

Employer health insurance costs are typically divided between the employer and the employee. Employers often cover a substantial portion of the premium, but employees still face out-of-pocket expenses such as deductibles, copayments, and coinsurance. On average, employees contribute about 28% of the premium for family coverage¹. This means that understanding the structure of your health plan and its associated costs is essential to managing your healthcare expenses effectively.