It is the first time in the report’s 16-year history that costs for a family of four on employer-sponsored insurance have decreased.
“Eliminated care in 2020 more than offset the cost of COVID-19 testing and treatments,” said the report’s co-author Dave Liner in a May 27 statement. “In fact, all categories of healthcare costs — inpatient, outpatient, and professional and other services — were lower in 2020 compared to 2019, except for prescription drug costs.”
Employer-sponsored healthcare costs are expected to rebound by 8.4 percent in 2021, the news release said.