That’s more than the average cost of:
A vacation for a family of four ($4,580).2
Replacing central air conditioning ($5,180).3
Groceries for feeding a family at home ($4,942).4
That’s more than the average cost of:
A 30-year monthly mortgage payment ($1,275).5
Buying and installing a refrigerator ($1,500).6
The cost of a wedding gown ($1,600).7
And more than most can likely afford
46% of employees say they would not be able to pay more than $1,000 in out-of-pocket medical costs.8
It’s not just employees who feel the pressure. Employers feel it, too.
83% on average, of a covered employee’s premium and 72% of an employee’s family coverage premium is covered by the employer1
$22,221 was the average employer-paid portion of a family health care plan in 2021.1
74% of employers made operating changes because of health care costs.8
60% of employers experienced an increase in benefits costs in the past year.8
Aflac can help your clients and their employees better cope with rising health care costs. Talk with your Aflac representative to learn more.
1 Kaiser Family Foundation. “2021 Employer Health Benefits Survey.” Published 11.10.21. Accessed 5.09.22.
2 CreditDonkey. “Study: Average Cost of a Vacation.” Published 10.8.2020. Accessed 05.09.22.
3 Remodeling Calculator. “Remodeling Costs for 2021: Complete House Renovation Guide–Replace Central AC.” Accessed 5.09.22.
4 Bureau of Labor Statistics. “Consumer Expenditures - 2020.” Published 9.9.2021. Accessed 5.09.22.
5 Business Insider. “The Average Monthly Mortgage Payment by State, City, and Year.” Accessed 5.09.22.
6 Home Advisor. “How Much Does Refrigerator Installation Cost?” Accessed 5.09.22.
7 The Knot. “This Is the Average Cost of a Wedding Dress Today.” Published 5.26.2020. Accessed 05.09.22.
8 2021-2022 Aflac WorkForces Report: Workplace benefits trends executive summary. Accessed 05.09.22.
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AGC2100136 R1
EXP 5/23