U.S. health insurance inflation increases further

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by ryeander

Average employee/employer premium cost rose from $6250 in year 2000 to $20000 this year. This has rapidly outpaced actual monetary inflation by over 100% ($6250 in 2000 is worth $9151 today). The employer has been shouldering a HUGE chunk of health care cost that is hidden away from us.

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Assuming costs stay stagnant (which is unlikely), if you retire now, you would have to budget for $20000 in medical premium costs each year, which is not even including out of pocket or deductible costs, to achieve the same quality of care provided by your previous employer.

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Is that an accurate assessment? People who have retired early with a family to provide health insurance for, what has your true cost been each year?

www.wsj.com/articles/employer-provided-health-insurance-approaches-20-000-a-year-1538575201?mod=mhp

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