The cost of the typical family health insurance plan climbed by 1% in 2022, but is expected to rise in 2023 due to inflation.
Even while inflation reached a four-decade high in year 2022, with higher prices for gas, groceries, rent, and other living expenditures, the cost of family health insurance plans climbed by just 1%.
As inflation affects the health sector and hospitals, doctors and pharma companies demand more attractive payments from health insurance and employer.