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Insurance Statistics

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1 min read
Opinions expressed by Entrepreneur contributors are their own.

2000.
--Kaiser Family Foundation and Health Research and Educational Trust, September 2005

Health insurance premiums increased an average of 9.2% in 2005, down from 11.2% average found in 2004.
--Kaiser Family Foundation and Health Research and Educational Trust, September 2005

The annual premiums for family health coverage reached $10,880 in 2005, eclipsing the gross earnings for a full-time minimum-wage worker ($10,712).
--Kaiser Family Foundation and Health Research and Educational Trust, September 2005

The average worker paid $2,713 toward premiums for family health coverage in 2005.
--Kaiser Family Foundation and Health Research and Educational Trust, September 2005

73% of businesses that do not offer health benefits say high premiums were "very important" to their decision.
--Kaiser Family Foundation and Health Research and Educational Trust, September 2005

In 2005, PPO plans were more common than HMOs with 61% of employees enrolling in PPOs.
--Kaiser Family Foundation and Health Research and Educational Trust, September 2005

Nearly 90% of small businesses are paying more to provide basic medical insurance to their employees in 2005 than in 2004.
--Salary.com, August 2005

14% of small businesses offer employees significant incentives not to participate in company medical plans, or actively encourage them to enroll in a spouse's medical plan.
--Salary.com, August 2005

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