The latest survey from health research organization KFF on employer-sponsored health insurance finds that premiums went up about 5%. The Good Brigade/Digital Vision/Getty Images hide caption

The Good Brigade/Digital Vision/Getty Images

Joseph Babbitt of Springfield, Mo. has a pretty good deal when it comes to health insurance. He works as a senior financial controller for West Plains Veterinary Supply, which employs about 50 people and distributes pet food, toys and vet supplies across the region.

Like about 157 million Americans, Babbitt gets insurance through his job. Unlike most Americans, his job has exceptionally generous benefits. "Our owners are very nice — they give all of our employees health care and they pay for it," he says. The company offers several different plan options and covers most or all of the monthly premium cost.

So why, even with free premiums, does it still feel like health costs are way too expensive?…