Here’s what you should know.
1. Healthcare cost increased by more than $400 dollars over the last year. Each employee covered now costs employers on average $8,669 annually.
2. The study said healthcare accounts for 7.6 percent of an annual budget.
3. Employers have begun to offset the costs through low-cost healthcare plan and options. Of the 1,565 organizations that responded to the survey, 29 percent offered HMOs, 20 percent offered consumer driven plans, 52 percent offered health savings accounts, 77 percent offered reimbursement accounts and 81 percent offered preferred provider organization plans.
The employers could offer any combination of the listed plans Of the respondents, 64 percent offered either one or two plan options and 36 percent offered three or more plans.
4. Among the 1,300 employees surveyed, 52 percent used a preferred provider organization, 13 percent used an HMO and 8 percent utilized consumer-driven plans and 19 percent opted out of a company-offered plan altogether.
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