Enjoy it while it lasts: Workers’ pay has been growing faster than the cost of job-based health insurance.
This year, average pay rose 6.7% while the average increase in premiums for family coverage ticked up 1%, according to the Kaiser Family Foundation 2022 Employer Health Benefits Survey. That follows a 5.1% pay gain in 2021 and a 4% increase in family premiums.
Those trends represent a major reversal for employer-sponsored insurance, which covers nearly 159 million Americans.
