Page 44 - 2020 Peel & Holland Benchmarking Survey Results

OUT-OF-POCKET MAXIMUMS

MEDICAL PLAN ANALYSIS

Although the national average for all businesses is $4,065,
for small businesses the average single out-of-pocket
maximum is $4,667 (3-199 employees).
Kaiser/HRET Survey of Employer Sponsored Health Benefits, 2019

What is your out-of-pocket maximum?
Single
Single
40%
40% Local
35% 37%
35% Average:
30% 37% 33% $4,365
30% 33%
25%
25%
20%
20% 20%
15% 20%
15%
10%
10%
5%
5% 6% 2% 2%
0% 6% 2% 2%
0% $0-$1,999 $2,000-$3,999 $4,000-$5,999 $6,000-$7,999 $8,000-$9,999 $10,000+
$0-$1,999 $2,000-$3,999 $4,000-$5,999 $6,000-$7,999 $8,000-$9,999 $10,000+

Family
Family Local
50%
50% Average:
45%
45%
40% 44% $7,931
40% 44%
35%
35%
30%
30% 29%
25%
25% 29%
20%
20%
15%
15%
10% 15%
10% 10% 15%
5%
5% 10% 2%
0%
2%
0% $0-$3,999 $4,000-$7,999 $8,000-$11,999 $12,000-$15,999 $16,000-$19,999 $20,000+
$0-$3,999 $4,000-$7,999 $8,000-$11,999 $12,000-$15,999 $16,000-$19,999 $20,000+
42 PEEL & HOLLAND | 2020 Western Kentucky Employee Benefits Benchmarking Survey Results