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Newsday newsday.com 23 Nov, 2021 00:00 am

Jill on Money: Things to keep in mind for 2022 health insurance open enrollment

As we all reel from higher prices on everything from steak to gas to furniture to bedding, here's another big-ticket item that you need to think about: health insurance. In its annual survey of costs,

To reduce the annual sticker shock, consider a High Deductible Health Plan, which offers lower premiums and is paired with tax-advantaged Health Savings Accounts.For 2022, the Internal Revenue Service defines a High Deductible Health Plan as one with a deductible of at least $1,400 for an individual or $2,800 for a family.In its annual survey of costs, Kaiser Family Foundation found that annual premiums for employer-sponsored family health coverage are up 4% from last year, "with workers on average paying $5,969 toward the cost of their coverage.The Kaiser Family Foundation has more information about ACA changes that could impact family coverage at kff.

i pShare Tweet Email As we all reel from higher prices on everything from steak to gas to furniture to bedding, here's another big-ticket item that you need to think about: health insurance.Start by reviewing your existing health insurance coverage, what you spent in 2021; then try to project what your health care costs will be in 2022.

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