The average cost of employer-based health insurance premiums for family coverage reached nearly $24,000 in 2023, rising 7% since last year, outpacing inflation.

This marked rise in insurance costs for families has outpaced both increases in wages and inflation, with KFF estimating that wages have risen by 5.2% while inflation has totaled 5.8%.

https://www.msn.com/en-us/money/other/health-insurance-premiums-soar-in-2023-to-average-of-24-000-for-family-plan/ar-AA1irqKN