Informational pamphlets at a health care enrollment fair in Richmond, Calif., on March 31, 2014. Justin Sullivan/Getty Images
Health insurance premiums and deductibles rose faster than both inflation and wages in 2024, leaving the average American worker with health care costs of more than $11,000 against a median household income of $86,000.
These costs rose by 6.2 percent in 2024, outpacing both the 2.9 percent annual inflation and the median household income growth of 5.9 percent, according to a February report from the Commonwealth Fund.
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