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The cost of employer-sponsored health insurance has risen by seven percent for the second consecutive year, according to a report released Wednesday by the nonprofit health policy organization KFF. This increase is adding significant financial pressure on both businesses and employees, as average family premiums have soared to around $25,000 per year. For employers, the rising costs have meant an additional $1,800 in expenses per employee this year alone.
The cost of employer health insurance is up seven-percent for a second straight year, hurting both employers and workers. Erin Real reports.
The steady rise. . .