When it comes to private health insurance and costs, the Empire State fares much better than almost every other state.
New Yorkers with employer-sponsored coverage had the second-lowest annual spending on health insurance premiums and out-of-pocket costs compared to the rest of the country, according to a new report from the Commonwealth Fund. Hawaii had the lowest.
The median New York family with an employer-based plan spent a combined $2,320 on premiums and out-of-pocket costs. The median in the nation was $3,700.
The percentage of individuals with high premium contributions and high out-of-pocket costs relative to their income was 1.9 percent.
The report uses data from the 2016 and 2017 editions of the U.S. Census Bureau’s Current Population Survey. The analysis looked at what people under age 65 with job-based plans in all 50 states and the District of Columbia reported spending on premiums and out-of-pocket costs for medications, copays, and dental and vision care.
Find more New York data here.