The cost of a plan is flexible and determined by these three factors :
- The type of plan you choose
- The network you choose
- How much you contribute
The premiums – the per-month cost for coverage - is typically shared by both the employer and the employee. How that contribution is divided is up to the employer.
To give you an idea, the average 2017 annual premium for employer-sponsored plans was $6,690 for single coverage, with employers contributing 82% of the premium.1