The average cost of family health insurance coverage for private sector employees in Florida is $15,032, according to 2010 data provided by the National Conference of State Legislatures, a bipartisan organization serving the legislators and staffs of the nation’s 50 states.
But here’s something you may not know.
The average worker pays only $4,685 (or 31%) of that total amount.
The remaining amount of $10,347 (or 69%) is paid by the employer.
As consumers are undoubtedly aware, the cost of coverage is rapidly rising. The cost of identical family coverage in 2008 was only $12,697, marking an increase of over 18% over a two-year period.
Financial Tip: Concerned about keeping your medical coverage after a job loss? Click here for a helpful guide exploring your coverage options if you lose your job, provided by Families USA, a national, nonprofit consumer health care organization.