Page 42 - 2020 Peel & Holland Benchmarking Survey Results

MEDICAL DEDUCTIBLES

MEDICAL PLAN ANALYSIS

What is your medical deductible?

Single
35% Single Nat’l Avg:

30% $1,655
35%
30%
25%
30%
20% 30%
25%
20% 20%
15%
20% 16%
20% 20%
10%
15%
16% 9%
5%
10%
5%
0% 9%
5%
$0-$999 $1,000-$1,999 $2,000-$2,999 $3,000-$3,999 $4,000-$4,999 $5,000+
5%
0%
$1,000-$1,999
$3,000-$3,999
$2,000-$2,999
$0-$999 National PPO Average for Single Coverage: $1,206 | National HDHP Average for Single Coverage: $2,486 $5,000+
$4,000-$4,999
Family
35% Family
30% Nat’l Avg:
35%
25% 29% 27% $3,728
30%
20% 29% 27%
25%
15%
20% 18% 16%
10% 18%
15%
16%
5%
10% 7%
4%
0%
5%
7%
$0-$1,999 $2,000-$3,999 $4,000-$5,999 $6,000-$7,999 $8,000-$9,999 $10,000+
4%
0%
$0-$1,999 $2,000-$3,999 $4,000-$5,999 $6,000-$7,999 $8,000-$9,999 $10,000+
National PPO Average for Family Coverage: $2,883 | National HDHP Average for Family Coverage: $4,779
Source: National Data Source: Kaiser/HRET Survey of Employer-Sponsored Health Benefits, 2019
HDHP enrollees were more likely to report that they delayed health care
in the past year because of cost. One-third of HDHP enrollees reported
delaying care, whereas 18 percent of traditional plan enrollees delayed
care because of costs.

Consumer Engagement in Healthcare Survey, Employee Benefit Research Institute, 2018

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