Whether you’re a recent grad who’s never had to navigate the insurance conundrum before, or a parent with a family to cover, finding good health insurance –- not just a high salary –- is a big priority during your job search.
As a former health insurance exec and founder of Wellthie, a digital healthcare startup, I’m well acquainted with the importance (and high price) of insurance. The average cost of a single person’s premium for employer-sponsored insurance is $490 per month, or $5,884 per year. (The average for families is $1,363 per month, or $16,351 annually.)
Employees pay 18% of the cost of single coverage and 29% of the cost of family coverage, on average, so finding an employer to cover the rest of the premium is huge.