Reproduced from Kaiser Family Foundation; Chart: Axios Visuals

The cost of job-based health insurance averaged more than $21,000 for families and almost $7,500 for individuals in 2020 — roughly 4% higher than 2019, according to new survey data from the Kaiser Family Foundation.

The big picture: These costs only accounted for coverage offered heading into 2020, and therefore didn't factor in the coronavirus pandemic. And although the 4% growth rate was the lowest since 2017, it still exceeded the average growth of workers' wages (3.4%) and general inflation (2.1%) — meaning employer health care continues to eat away at people's budgets.

Between the lines: Employers did not alter their health benefits a lot, and fewer than 10% of companies switched insurance companies, according to KFF's survey.

Yes, but: Family health coverage still costs as much as a new car or compact SUV, every year.

  • Employers are footing three-quarters of the cost, which workers don't really see.
  • These coverage costs also don't account for out-of-pocket spending like deductibles and coinsurance, which have risen steadily over the past decade.

What we're watching: Companies are offering 2021 coverage to their employees right now, and final numbers won't be out until this time next year.

The bottom line: If you get your health insurance through work — as a plurality of Americans do — it continues to consume more of your compensation because of the high prices and administrative costs throughout the health care system.

Go deeper

Caitlin Owens, author of Vitals
Oct 16, 2020 - Health

A vast majority of Americans love pre-existing conditions protections

Reproduced from KFF; Chart: Axios Visuals

The vast majority — nearly eight in 10 — of Americans don't want to the Supreme Court to overturn the Affordable Care Act's pre-existing conditions protections, according to a KFF poll.

Yes, but: Only 58% of Americans say the same about the law in its entirety, with the gap between the two positions largest among Republicans.

Caitlin Owens, author of Vitals
Oct 15, 2020 - Health

Outpatient visits bounce back

Reproduced from The Commonwealth Fund; Chart: Axios Visuals

Outpatient visits have returned to their pre-pandemic levels after declining by nearly 60%, according to a new analysis by the Commonwealth Fund.

Why it matters: The massive drop-off in people seeking medical care was bad both for providers and for patients, many of whom delayed care for conditions that may have worsened.

Updated 56 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Politics: McConnell urges White House not to strike stimulus deal before election — Republican senators defend Fauci as Trump escalates attacks.
  2. Health: The next wave is gaining steam.
  3. Education: Schools haven't become hotspots — University of Michigan students ordered to shelter-in-place.