ObamaMESS Study: Health Premiums Creep Up, But Out-of-Pocket Costs Jump

U.S. health insurance premiums are going up only 3 percent this year, to an average of $16,834 for a family. Workers will pay about 20 percent of that cost, or $4,823, according to a study released on Wednesday.

The Kaiser Family Foundation's 2014 Employer Health Benefits report says that rate increases are slowing from recession highs that ran far above inflation rates. In the past 10 years, healthcare premiums rose a cumulative total of 69 percent.

However, the big leap in deductibles offsets the good news for consumers.

"If you told the average working person that healthcare costs were at record-low increases, they'd look at you like you were a little bit crazy," says Kaiser Chief Executive Officer Drew Altman. "Out-of-pocket costs are way up, while their wages are relatively flat."

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While insurers and employers kept premiums in check over the past few years, deductibles are up 47 percent since 2009. The average deductible now stands at $1,217 - at least $1,000 for 41 percent of workers and $2,000 or more for 18 percent.

The shift to high deductibles is even starker at companies with fewer than 200 employees. Some 61 percent of these workers have deductibles of at least $1,000.

"This has a big impact on working people," says Altman. "It can be a real disincentive to get care."

Kaiser surveyed 2,052 employers from January through May.

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