25 Million Workers Now Have High-Deductible Health Plans

The number of American workers with high-deductible health insurance plans rose by 3.2 percent in 2016 — reaching 24.8 million, according to Health Day News.

For the study, researchers analyzed national data and found more than 58 million American workers were enrolled in an employer-sponsored insurance plan in 2016.

The average deductible was $1,696 for single plans, a 10.1 percent increase from 2015. The increases averaged $155, the study determined.

Premiums for individual coverage, on the other hand, rose 2 percent ($138) in that time period. However, premiums for individual coverage had already climbed 13 percent from 2012 to 2016, the researchers pointed out.

A high-deductible plan was defined as one with a minimum annual deductible of $1,300 for an individual and $2,600 for a family.

While there were significant differences between states, no state had significant declines. Fourteen states had statistically significant increases in average deductibles for single plans between 2015 and 2016, ranging from $306 to nearly $600.