The Hidden Cost of Health Insurance Premiums
Explore how spending and premiums have changed across the nation and in your state.
Over the past several years health spending by insurers has increased by thousands of dollars per insured person
Our research shows hospital mergers are a major contributing factor in these increases.
Since 2014, insurance premiums have moved almost one-for-one with insurer spending.
In the end, those premiums are passed on to consumers as employers reduce wages or jobs to pay for them. See the research.
That is an average increase of 60% for insurance premiums for about 175 million people
Premiums now account for XX% of individuals income/spending/whatever they think is the best denominator.
The difference is even more stark when we break premiums out by markets most people are in
Most people are in small and and large employer markets which have risen 60%. But individual insurance markets have seen premiums rise by 140%
Explore and compare at the state level
Changes vary from state to state due to differences in hospital concentration, local labor markets, and state regulation.
Average Insurance Premiums vs Average Health Spend by Insurers
ME
NH
VT
MA
RI
CT
NY
NJ
PA
DE
MD
VA
WV
OH
KY
TN
NC
SC
GA
FL
AL
MS
LA
AR
MO
IA
MN
WI
IL
IN
MI
ND
SD
NE
KS
OK
TX
MT
WY
CO
NM
ID
UT
AZ
WA
OR
CA
NV
AK
HI