This story originally published October 3, 2018

New York (CNN Business) Employers and workers together are spending close to $20,000 for family health insurance coverage in 2018, according to a new Kaiser Family Foundation report.

Although premiums have increased fairly modestly in recent years, the growth has far outpaced workers' raises over time. The average family premium has increased 55% since 2008, twice as fast as workers' wages and three times as fast as inflation, Kaiser's Employer Health Benefits Survey found.

Companies pick up most of the tab, shelling out $14,100 a year, on average. Still, workers have to pay an average of $5,550, up 65% from a decade ago.

For single coverage, total premiums have reached $6,900, on average, up 47% from 2008. Workers contribute roughly $1,200 a year.

Deductibles also continue to burn a deeper hole in workers' pockets. The average deductible now stands at $1,350, up 212% since 2008. That's eight times faster than wage growth.