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Media contact: Public Affairs, (360) 725-7055
November 8, 2023
OLYMPIA, Wash. ? Thirteen health insurers have been approved to sell group health plans to small employers in 2024. Insurers requested an average premium increase of 8.30% but only 8.02% was approved. The new rates take effect after Jan. 1, 2024, when the employer's plan renews.?
Nationally, 50% of small employers offer health insurance to their employees?(KFF.org)?Since 2017, the average premium for an individual employee has nearly doubled from $678 to $1,214. Employers pay an average of $5,400 to $5,164 on top of the employee share to provide their workers with coverage.?
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