GLP-1 Coverage, Family Annual Cost Exceeds $25,000, More
Source: Survey Report
This is the 26th annual Employer Health Benefits Survey. As in years past, the survey examines trends in employer-sponsored health coverage, including premiums, employee contributions, cost-sharing provisions, offer rates, wellness programs, and employer practices.
Key findings
- Annual Family Premiums for Employer Coverage Rise 7% to Average $25,572 in 2024, Benchmark Survey Finds, After Also Rising 7% Last Year
- Most Large Firms Don’t Cover Costly GLP-1 Drugs for Weight Loss; Many Say They Impose Various Conditions or Requirements to Limit Their Use
- About a Quarter of Large Employers Say Their Largest Plan Covers IVF
- Family premiums for employer-sponsored health insurance rose 7% this year to reach an average of $25,572 annually, KFF’s 2024 benchmark Employer Health Survey finds. On average, workers contribute $6,296 annually to the cost of family coverage.
This year we asked employers detailed questions about their provider networks, abortion coverage, family building benefits, coverage for GLP-1 agonists as well as programs for lower-wage workers. The 2024 survey includes 2,142 interviews with non-federal public and private firms.
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About 154 million non-elderly Americans rely on employer-sponsored coverage, and the 26th annual survey of more than 2,100 large and small employers provides a detailed picture of the trends affecting it. In addition to the full report and summary of findings released today, Health Affairs is publishing an article with select findings online. The article will also appear in its November issue.
The peer-reviewed journal Health Affairs has published an article with key findings from the survey (subscription required): Health Benefits In 2024: Higher Premiums Persist, Employer Strategies For GLP-1 Coverage And Family-Building Benefits
