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Get Your Report Now!In BLR’s 2008Survey of Employee Benefits, only 35% of respondents reported holding healthcare costs below the $5,000 per year threshold.
Nearly three-quarters (72%) of responding companies reported taking at least one action to reduce healthcare costs in the prior year. Of those, over half reported raising employees’ portion of healthcare premiums.
Each of the following measures were undertaken by at least one in four of respondents who took action to reduce costs: raising employees’ copayments and deductibles, offering health savings accounts (HSAs) and/or health reimbursement accounts (HRAs), and implementing wellness programs.
The survey, conducted by BLR’s HR Daily Advisor in December 2009, received nearly 1,400 responses, of which 80% originated from companies with fewer than 500 employees. The responses were evenly divided geographically within the United States.
For detailed survey results, see 2010 Fringe Benefit Survey Series - Healthcare Insurance Practices.