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The Journey of Employer Sponsored Health Insurance

Health Insurance – The Start in 1930 Private health insurance arrived in the US as early as 1930. Blue Cross and Blue Shield plan made a way for private insurers to start working on their customized health insurance plans to meet the healthcare needs of a growing market across the country. However, at this stage, […]

Employer-Sponsored Health Insurance – The Average Cost

According to a research carried out in 2019, the average cost of the annual premium for employer-sponsored health insurance was approximately $7,188 for single coverage, whereas, in the case of family coverage, the amount was about $20,576. As per the report, the average annual deductible amount was around $1,655 for covered workers with single coverage. […]