New Jersey group health insurance costs rose 11% in 2006, to $7,561 per covered employee, according to a business group.
Health coverage costs have risen by more than 10% for 5 straight years, officials at the New Jersey Business and Industry Association, Trenton, N.J., write in a new survey report.
The average increase was slightly less than 10% at employers with 20 or more employees, but the average increase was 12% at employers with 2 to 19 employees.
The employers in the smaller category now pay an average of $7,577 per employee.