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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.

Employer costs per hour worked for health insurance by establishment employment size, private industry, 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.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Health benefit costs and establishment size, March 2007 at https://www.bls.gov/opub/ted/2007/jun/wk3/art05.htm (visited December 03, 2024).

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