Outpatient prescription drug coverage, March 2010
September 26, 2011
In March 2010, 69 percent of all private industry workers had access (ability to receive benefits) to outpatient prescription drug coverage and 50 percent actually received outpatient prescription drug benefits. The takeup rate, which is the percentage of workers with access to outpatient prescription drug coverage who actually participated in this benefit, was 73 percent.
Outpatient prescription drug coverage varied widely by worker and establishment characteristics.
Higher wage workers (the highest 25 percent of wage earners) had greater access and participation in outpatient prescription drug coverage than lower wage workers (the lowest 25 percent). Participation for the lowest 25 percent of wage earners was just 21 percent, compared with 70 percent for the highest 25 percent of wage earners. The takeup rate for low-wage workers was significantly less than that for high-wage workers, meaning that a larger percentage of lower wage workers did not accept coverage.
Outpatient prescription drug coverage also varied by establishment size. Workers in establishments with 500 or more workers had a 67-percent participation rate, as opposed to 38 percent for smaller establishments with 1 to 49 workers.
These data are from the National Compensation Survey – Benefits program. To learn more, see the Program Perspectives for August 2011, "Outpatient Prescription Drug Coverage" (PDF). Employees are considered to have access to a benefit plan if it is available for their use. Participation is the percentage of employees who actually enroll in a benefit plan. The takeup rate is the percentage of workers with access to a plan who participate in the plan.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Outpatient prescription drug coverage, March 2010 on the Internet at http://www.bls.gov/opub/ted/2011/ted_20110926.htm (visited October 01, 2016).
Recent editions of Spotlight on Statistics
A look at healthcare spending, employment, pay, benefits, and prices
As one of the largest U.S. industries, healthcare is steadily growing to meet the needs of an increasing population with an increasing life expectancy. This Spotlight looks at how much people spend on healthcare, current and projected employment in the industry, employer-provided healthcare benefits, healthcare prices, and pay for workers in healthcare occupations.
Employment and Wages in Healthcare Occupations
Healthcare occupations are a significant percentage of U.S. employment. Some of the largest and highest paying occupations are in healthcare. This Spotlight examines employment and wages for healthcare occupations.
Fifty years of looking at changes in peoples lives
Longitudinal surveys help us understand long-term changes, such as how events that happened when a person was in high school affect labor market success as an adult.