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Medical Costs & Healthcare Planning

Health costs are a financial plan, too.

What this tracks

Healthcare cost trends — premiums, deductibles, out-of-pocket maximums, prescription costs, and how they rise with age.

Why it matters to you

Healthcare is one of the biggest — and most unpredictable — costs a working family faces. Planning for it is how a medical bill stays a bill instead of becoming debt.

For example

A family choosing a health plan can weigh the real total cost — premium plus likely out-of-pocket — instead of picking on the monthly price alone.

Average annual family health-insurance premium

Family premiums keep climbing — usually faster than raises do.

Average annual family health-insurance premium
PointValue
2019$21K
2020$21K
2021$22K
2022$23K
2023$24K
2024$26K

Average annual employer-sponsored family premium (KFF Employer Health Benefits Survey), rounded.

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MoneyStats is economic education and context — not personalized legal, tax, or investment advice.