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Employer family premiums for health coverage rose by 7% in 2024, averaging $25,572, marking the second consecutive year of this increase. Employee contributions remained stable, averaging $6,296, while small firms faced higher deductibles compared to larger companies. Coverage for specific treatments like GLP-1 drugs and fertility services varies significantly between large and small employers, with many not offering comprehensive benefits.
Annual family premiums for employer-sponsored health insurance rose 7% in 2024, averaging $25,572, with workers contributing $6,296. Coverage for GLP-1 drugs for weight loss remains limited, with only 18% of large employers offering it, while many impose conditions on access. Additionally, about a quarter of large firms provide IVF coverage, and mental health resources have increased for employees.
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