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Health insurance costs 7.6 percent of total compensation for private employers in September 2016

December 14, 2016

In September 2016, health insurance for employees cost private industry employers $2.44 per hour worked, representing 7.6 percent of total compensation costs. For establishments with fewer than 50 employees, health insurance costs amounted to $1.59 per hour worked, or 6.0 percent of total employee compensation costs. Health insurance costs for establishments with 50–99 workers were $1.94 per hour worked, or 7.0 percent of total compensation costs. 

Private industry employer costs for employee health insurance as percent of total compensation by establishment size, September 2006 to September 2016
Month Total Less than 50 workers 50-99 workers 100-499 workers More than 500 workers

Sep 2006

6.9% 5.7% 7.2% 7.3% 7.7%

Dec 2006

7.0 5.6 7.0 7.5 7.8

Mar 2007

7.1 5.7 6.9 7.7 7.9

Jun 2007

7.1 5.8 7.0 7.7 7.9

Sep 2007

7.1 5.8 6.9 7.8 7.9

Dec 2007

7.1 5.8 6.8 7.8 7.9

Mar 2008

7.2 5.8 7.0 7.9 8.0

Jun 2008

7.2 5.8 7.1 7.9 8.0

Sep 2008

7.1 5.7 7.3 7.9 7.9

Dec 2008

7.1 5.8 6.9 7.8 8.0

Mar 2009

7.3 6.0 7.1 7.9 8.2

Jun 2009

7.3 5.9 7.1 7.9 8.2

Sep 2009

7.3 6.0 7.1 8.0 8.3

Dec 2009

7.3 5.9 7.2 8.0 8.3

Mar 2010

7.5 6.0 7.2 8.3 8.5

Jun 2010

7.5 6.0 7.2 8.3 8.6

Sep 2010

7.5 6.0 7.3 8.2 8.6

Dec 2010

7.5 5.9 7.1 8.2 8.7

Mar 2011

7.5 6.0 7.1 8.4 8.7

Jun 2011

7.6 6.1 7.1 8.3 8.8

Sep 2011

7.6 6.1 7.1 8.4 8.7

Dec 2011

7.6 6.1 7.3 8.4 8.8

Mar 2012

7.7 6.1 7.3 8.5 8.9

Jun 2012

7.7 6.1 7.1 8.5 8.9

Sep 2012

7.7 6.2 7.4 8.4 8.8

Dec 2012

7.6 6.1 7.2 8.5 8.8

Mar 2013

7.8 6.2 7.2 8.7 8.9

Jun 2013

7.7 6.2 7.3 8.6 8.9

Sep 2013

7.7 6.1 7.3 8.6 8.9

Dec 2013

7.8 6.3 7.1 8.5 9.0

Mar 2014

7.9 6.4 7.1 8.7 9.1

Jun 2014

7.8 6.3 7.1 8.7 9.1

Sep 2014

7.8 6.2 7.2 8.6 9.1

Dec 2014

7.6 6.2 7.1 8.4 8.9

Mar 2015

7.7 6.2 7.1 8.5 8.9

Jun 2015

7.7 6.2 7.1 8.5 9.1

Sep 2015

7.7 6.2 7.2 8.5 9.1

Dec 2015

7.6 6.1 7.1 8.2 9.0

Mar 2016

7.6 6.0 7.3 8.3 9.1

Jun 2016

7.6 6.0 6.9 8.4 9.1

Sep 2016(p)

7.6 6.0 7.0 8.5 9.0
Footnotes:

(p) = preliminary.

Health insurance cost employers at establishments with more than 500 workers $4.28 per hour worked in September 2016, or 9.0 percent of total compensation costs; for those at establishments with 100–499 workers, these costs totaled $2.77 per hour worked (8.5 percent of total compensation costs). 

Private industry employer costs for health insurance have not been lower than the current 7.6 percent of total compensation since March 2011, having reached a peak of 7.9 percent of total compensation in March 2014. 

These data are from the Employment Cost Trends program and are not seasonally adjusted. To learn more, see "Employer Costs for Employee Compensation—September 2016" (HTML) (PDF). 

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Health insurance costs 7.6 percent of total compensation for private employers in September 2016 on the Internet at https://www.bls.gov/opub/ted/2016/health-insurance-costs-7-point-6-percent-of-total-compensation-for-private-employers-in-september-2016.htm (visited October 28, 2020).

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