Page 29 - 2020 Peel & Holland Benchmarking Survey Results
P. 29

How many employees are currently enrolled in your health plan(s)?
                                                                                                                        WESTERN KENTUCKY EMPL OY EE BENEFIT S
                                       NUMBER OF RESPONDENTS                                                            BENCHMARKING SURVEY
                1-49 EEs          33%         17                     HEALTH PLAN FUNDING                                2017
                50-99 EEs         20%         10
                100-299 EEs       27%         14
                300-499 EEs         8%         4
                500-999 EEs How many employees are currently
                                    4%
                                               2
                1,000+ EEs          8%         4
                                enrolled in your health plan(s)?
                                              51

                     18
                              33%
                     16                                                                  80%
                                                                                        of the survey respondents
                     14                                 27%                             have between 1 and 299
                                                                                          employees currently
                    NUMBER OF ORGANIZATIONS  10  20%
                                                                                         enrolled in their health
                     12
                                                                                              plan(s).


                      8

                      6

                      4                                               8%                         8%


                      2                                                            4%

                     0
                            1-49 EEs     50-99 EEs   100-299 EEs  300-499 EEs   500-999 EEs   1,000+ EEs





                                   When do you renew your employee benefits plan?
              How many plan options do you offer?
                                   January continues to be the most popular month for health plan renewals (55% of employers).
                                   July (10%) is the second most popular, while June (8%) and October (8%) tied for third.
              Three + Plans  25%      13
              Two Plans     45%       23
              One Plan      29%       15

                                      51
                            How many plan options do you offer?



                   One Plan


                  Two Plans



               Three + Plans

                          0%      5%     10%      15%    20%     25%     30%     35%     40%     45%     50%





                                  PEEL & HOLLAND | 2020 Western Kentucky Employee Benefits Benchmarking Survey Results  27
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