With rising healthcare benefit costs and affordability being a top priority for employers and employees, controlling costs has never been more important. Our Healthcare Financial Benchmarks Survey can help you determine how your healthcare dollars are being spent and whether actions can be taken to optimize your plans.
“This information is valuable as we consider our benefits strategy and truly eye-opening for me.”
Chief Financial Officer | A Diversified Holding Company
When it comes to rising healthcare costs, employers need actionable data. Our Financial Benchmarks Survey can help
The Survey compares your organization's data to top-performing organizations in your industry, revealing actionable insights that can help you make well-informed decisions. You'll be able to answer questions like:
- How do our plan costs compare to others in the industry and best performers?
- How do our plan costs compare on an apples-to-apples basis after adjusting for plan design, demographics, family size, and geographic cost differences?
- How do our employee costs compare, from a dollar and percentage of premium standpoint?
- How do our incentives/wellness credits compare with others?
- Do our administrative fees fall within the range of other employers' fees?
- Are our medical, pharmacy, and dental plan designs aligned with industry and database norms?
How much did benefits cost you in 2024?
The 2024 survey found that the average cost for employers to provide healthcare benefits was about $15,800 per employee. And the average annual employee contribution for coverage was around $3,345, or about $279 coming out of their monthly paycheck. When it comes to healthcare decisions, costs play a significant role. Find out today if there are actions you can take to optimize your plan.
“Companies understand that their employees need choices when it comes to healthcare plans, and that affordability is a key factor in those decisions. If a plan takes too big a bite out of an employee's paycheck, it can affect their healthcare options. This distinctive survey serves as a benchmark for companies, guiding them towards potential savings on healthcare costs.”
Jeff Chandler | North America Commercialization Leader