Health benefit costs in private industry, March 2008

June 12, 2008

The average cost for health insurance benefits was $1.92 per hour worked in private industry (accounting for 7.2 percent of average total compensation of $28.46) in March 2008.

Employer costs per hour worked for health insurance, private industry workers, by occupation and union status, March 2008
[Chart data—TXT]

Among occupational groups, employer costs for health benefits ranged from 90 cents per hour for service workers to $2.77 for management, professional, and related occupations.

Among other occupational categories, employer costs for health benefits averaged $1.67 for sales and office occupations, $2.30 for natural resources, construction, and maintenance occupations, and $2.21 for production, transportation, and material moving occupations.

Employer costs for health benefits were significantly higher for union workers, averaging $3.95 per hour, than for nonunion workers, averaging $1.68.

Five years earlier, in March 2003, employer costs for health benefits averaged $1.41, or 6.3 percent of total compensation.

These data are from the Compensation Cost Trends program. To learn more, see "Employer Costs for Employee Compensation: March 2008," (PDF) (HTML) news release USDL: 08-0788.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Editor's Desk, Health benefit costs in private industry, March 2008 on the Internet at http://www.bls.gov/opub/ted/2008/jun/wk2/art04.htm (visited September 16, 2014).

OF INTEREST

Spotlight on Statistics: Productivity

This edition of Spotlight on Statistics examines labor productivity trends from 2000 through 2010 for selected industries and sectors within the nonfarm business sector of the U.S. economy.  Read more »