How much do you spend on health care?
Health care costs, while growing, have remained relatively steady since 2008, as employers have sought to reduce costs and provide better benefits, according to a new report from the National Association of Insurance Commissioners.
The group found that in the past three years, average annual cost of health care has more than doubled from $8,946 to $18,874.
The annual cost for the average employer increased to $23,831 in 2018 from $16,722 in 2019.
The cost of the average health care plan has increased even more than the average cost of insurance, the report found, reaching $20,823 in 2019 from $15,569 in 2019, a jump of nearly 75 percent.
And average annual costs for workers who receive their employer-sponsored health care coverage rose from $10,854 in 2019 to $15.634 in 2020.
In general, the cost of getting health care insurance has grown more rapidly than the cost for workers, the association reported.
The number of Americans who have a health insurance policy rose to 14.5 million in 2018, a 3.5 percent increase from 17.3 million in 2017.
But the average annual premium increased by 7.7 percent to $3,069 in 2018.
That is a 1.7 percentage point increase, or $2,639, over the past four years, the group said.
The increase in premiums is the largest since 2012, when premiums increased by 2.7 points to $2.6 million.
In 2018, health care costs grew in the United States by 1.9 percent to an average of $821 per person.
The cost of living in 2018 rose by 2 percent to a median of $57,534.
Average household income grew by 1 percent to just under $54,000 in 2018 and rose more rapidly in some states than others, the study found.
Health care costs are the most common reason for Americans to get coverage, the national association said.
They account for almost half of the costs of health insurance coverage.
The remaining two-thirds of the cost are incurred by workers who have private health insurance or through Medicaid.
The ACA expanded Medicaid to about 25 million people in 2020 and will continue to expand it in 2021.
The Affordable Care Act, which is also known as Obamacare, expanded insurance to more people in 2017 and is being implemented in 2018 by the federal government and states.
For more health care news, visit The Washington Post.