Health benefit costs and establishment size, March 2007
June 22, 2007
The average cost to employers in private industry for health insurance benefits was $1.83 per hour worked (7.1 percent of total compensation) in March 2007.
[Chart data—TXT]
Health benefit costs increased, both in average hourly dollar amount and as a proportion of total compensation, with establishment size.
Establishments with fewer than 50 workers averaged $1.20 (5.7 percent of total compensation), those with 50-99 workers averaged $1.56 (6.9 percent), those with 100-499 employees averaged $2.02 (7.7 percent), and those with 500 or more employees averaged $2.88 (7.9 percent).
The data in this report are from the Compensation Cost Trends program. To learn more, see "Employer Costs for Employee Compensation-March 2007" (PDF) (TXT), news release USDL 07-0877.
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