According to KFF's annual benchmark survey of large and small employers, workers this year pay an average of $7,471 annually toward employer-sponsored family health premiums, up 9%, or $621, from 2025. Including the employer's share, total annual premiums for family coverage average $28,303, up 5% or $1,310 from 2025. Wages rose 3.7% and general inflation rose 2.7% over the same period, though inflation has been higher in recent months.
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- Job - Based Health Plan Costs Rise , With Little Relief in Sight
Rising healthcare costs are hitting employers and workers alike, and more increases are expected for 2027 plans. According to an annual KFF survey released Oct. 22, the amount workers pay toward family coverage rose an average of 9% to $7,471 a year, while the average family premium paid by employers rose 5% to $28,303. Among large employers with at least 200 employees, 44% raised what workers pay toward coverage. Employers also raised deductibles, changed insurers, added preapproval for some services, or narrowed provider networks. Consulting firms Aon and Marsh projected employer costs would rise 9.5% and 8.2% next year, while the Business Group on Health predicted a median premium increase of 9.2%.
- Medicare Open Enrollment Begins , 2027 Plan Changes Announced
- Medicare Open Enrollment Begins , 2027 Plan Changes Announced
Medicare open enrollment runs October 15 to December 7, letting more than 70 million enrollees choose traditional Medicare, Medicare Advantage or drug plans effective January 1, 2027. Social Security cost-of-living benefits rise 3.6% in 2027, about $75 more per month for nearly 72 million recipients. The Part D out-of-pocket cap rises to $2,400 from $2,100, and the standard deductible increases from $615 to $700, while a temporary Part D premium subsidy ends early; CMS projects only modest increases for most people. Medicare-negotiated prices for 15 drugs, including Ozempic and Wegovy, take effect January 1. Separately, a one-time $90 Part B premium payment in October will help more than 20 million enrollees at a cost of about $2 billion, but excludes roughly 35 million Medicare Advantage enrollees.
- Medicare Open Enrollment Begins , 2027 Plan Changes Announced
- Medicare Open Enrollment Begins , 2027 Plan Changes Announced
- Medicare Open Enrollment Begins , 2027 Plan Changes Announced
Medicare open enrollment runs from Thursday, October 15, to December 7, for coverage effective January 1, 2027. More than 70 million enrollees face changes to prescription drug coverage and costs, and can choose traditional Medicare, Medicare Advantage plans, or prescription drug plans. Social Security's 3.6% cost-of-living increase for 2027 adds about $75 per month for nearly 72 million beneficiaries. The Part D out-of-pocket cap rises to $2,400 from $2,100, the standard deductible rises from $615 to $700, and a temporary Part D premium subsidy ends at year's end. Medicare-negotiated prices for 15 drugs take effect January 1, while the Trump administration will make one-time $90 payments to more than 20 million enrollees for Part B premiums, costing about $2 billion.
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