Blue Cross and Blue Shield of Alabama announced that a recent government report shows Alabama has the lowest average annual single premium and the second-lowest family premium among employers nationwide. This is according to the federal government’s 2020 Medical Expenditure Panel Survey conducted by the Department of Health and Human Services.
“Controlling healthcare costs and providing our customers access to the quality healthcare they need remains at the forefront,” said Tim Vines, president and CEO, Blue Cross and Blue Shield of Alabama. “We are consistently focused on putting our customers first. Part of this ongoing effort is offering them healthcare coverage at the most affordable price possible.”
The 2020 MEPS report below shows how Alabama compares to other states for average annual family premiums among employers:
The 2010-2020 MEPS reports show Alabama’s ranking compared to the national average:
“MEPS is the only national data source measuring how Americans use and pay for medical care, health insurance, and out-of-pocket spending. Annual surveys of individuals and families, as well as their health care providers, provide data on health status, the use of medical services, charges, insurance coverage, and satisfaction with care,” according to the Department of Health and Human Service.