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 Editor's Desk, Health benefit costs in private industry, March 2008 on the Internet at http://www.bls.gov/opub/ted/2008/jun/wk2/art04.htm (visited April 24, 2014).
Spotlight on Statistics: Productivity
This edition of Spotlight on Statistics examines labor productivity trends from 2000 through 2010 for selected industries and sectors within the nonfarm business sector of the U.S. economy. Read more »