Health benefit costs in private industry, March 2008
June 12, 2008
The average cost for health insurance benefits was $1.92 per hour worked in private industry (accounting for 7.2 percent of average total compensation of $28.46) in March 2008.
Among occupational groups, employer costs for health benefits ranged from 90 cents per hour for service workers to $2.77 for management, professional, and related occupations.
Among other occupational categories, employer costs for health benefits averaged $1.67 for sales and office occupations, $2.30 for natural resources, construction, and maintenance occupations, and $2.21 for production, transportation, and material moving occupations.
Employer costs for health benefits were significantly higher for union workers, averaging $3.95 per hour, than for nonunion workers, averaging $1.68.
Five years earlier, in March 2003, employer costs for health benefits averaged $1.41, or 6.3 percent of total compensation.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Health benefit costs in private industry, March 2008 on the Internet at http://www.bls.gov/opub/ted/2008/jun/wk2/art04.htm (visited November 24, 2014).
Three recent editions of Spotlight on Statistics
Housing: before, during, and after the Great Recession
looks at consumer expenditures on household items, employment in residential construction, prices for household items, and injuries in occupations involved in building and maintaining our homes.
Women veterans in the labor force examines the demographic, employment, and unemployment characteristics of women veterans.
BLS Statistics by Occupation provides an overview of occupational employment and wages with an emphasis on STEM jobs and occupational data by typical entry-level education required.