Page 34 - 2020 Peel & Holland Benchmarking Survey Results
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How are the benefits and premiums of your plan tiered?
How are the benefits and premiums of your plan tiered?
4-Tier 10% 78%
40
2-Tier 3-Tier 12%
6
3-Tier 5 10%
Single
EE + 1
Family
12%
2-Tier
Single
Family
78%
4-Tier
Single
EE + Spouse
EE + Child(ren)
Family
In the past 5 years how would you categorize your total health plan cost change.
Decreased 8% 4
Stayed Flat 10% 5
Increased < 5% 30% 15
Increased 5-14% 22% 11
Increased 15-24% 16% 8
Increased 25-34% 8% 4
Increased 35%+ 6% 3
Total Health Plan Cost Change
IN THE PAST 5 YEARS
Increased 35%+ 6%
Increased 25-34% 8%
Increased 15-24% 16%
Increased 5-14% 22%
Increased < 5% 30%
Stayed Flat 10%
Decreased 8%
0% 5% 10% 15% 20% 25% 30% 35%
32 PEEL & HOLLAND | 2020 Western Kentucky Employee Benefits Benchmarking Survey Results