Page 45 - 2020 Peel & Holland Benchmarking Survey Results
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WESTERN KENTUCKY EMPL OY EE BENEFIT S
BENCHMARKING SURVEY
CONTRIBUTION & COST SHARING 2017
What is net employee healthcare cost exposure?
For these calculations, we took the out-of-pocket maximum for single
and family, subtracted any employer contributions to HSAs or HRAs, and
added annualized employee premiums. This gives a clearer picture of an
employee’s healthcare cost exposure and quality of plan.
Single Coverage Family Coverage
$5,252 $14,142
Average annual employee cost Average annual employee cost
exposure for single coverage exposure for family coverage
<$2,000 <$9,000
Organizations in the top 10% of Organizations in the top 10% of
survey respondents have an annual survey respondents have an annual
employee exposure for single employee exposure for family
coverage of less than $2,000. coverage of less than $9,000.
>$8,000 >$25,000
Organizations in the bottom 10% of Organizations in the bottom 10% of
survey respondents have an annual survey respondents have an annual
employee exposure for single employee exposure for family
coverage that’s more than $8,000. coverage that’s more than $25,000.
PEEL & HOLLAND | 2020 Western Kentucky Employee Benefits Benchmarking Survey Results 43