Ten health insurers in Washington have been approved to sell group health plans to small employers in 2025.
Insurers requested an average premium increase of 11.9%, which was approved. The new rates take effect after Jan. 1, 2025, when the employer’s plan renews.
About half of small employers nationwide offer their employees health insurance. Nationally, 53% of small employers offer health insurance to their employees.
The average annual premium for an individual employee is $1,368, up 6% from 2023; the average annual premium for an employee with family coverage is $6,296, which is up 24% over the last five years. Employers pay an average of $7,584 on top of their employees’ share for health coverage.
