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.
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.
Recent editions of Spotlight on Statistics
- Union Membership, Activity, and Compensation in 2022
Examines trends in union membership, work stoppages, and pay and benefits among union members.
- A Look at a Neat Industry: Distilleries
Examines trends in employment, establishments, wages, and consumer prices for distilleries.
- A Look at Projected Employment in Professional, Scientific, and Technical Services, 2021‒31
Examines projected employment growth for the 2021–31 decade for the sector and its detailed industries and top-employing occupations.
- Business Responses to the COVID-19 Pandemic
Looks at differences in private industry businesses' responses to COVID-19 across firm sizes.
- Inflation Experiences for Lower and Higher Income Households Presents consumer price indexes for the lowest and highest household incomes to examine how different spending patterns change measures of inflation.