Explainers

Employer Health Insurance Premiums

October 8, 2021

Contact

Jennifer Wessel, JD, MPH
Senior Policy Analyst and Data Privacy Officer
501-526-2244
JBWessel@achi.net

This infographic shows the average annual premiums for individuals with employer-sponsored health plans in Arkansas and surrounding states. Premiums are shown for two size categories: fewer than 50 employees (small firms) and 50 or more employees (medium-to-large firms).

Between 2008 and 2020, premium increases in the region ranged from 29% in Mississippi to 68% in Texas for individuals in small firms and from 50% in Tennessee to 83% in Oklahoma for individuals in medium-to-large firms. Premiums in Arkansas increased by 49% for individuals in small firms and by 67% for individuals in medium-to-large firms over the same 12-year period.

The infographic also displays percentage changes over four-year periods. Mississippi had the largest increase over a four-year period with a 34% jump between 2014 and 2017, a period in which Arkansas saw a 21% increase.