2020 Employer Health Benefits Annual Survey

Each year, the Kaiser Family Foundation and the Health Research & Educational Trust conduct a survey to examine employer-sponsored health benefits trends.

This annual survey of employers provides a detailed look at trends in employer-sponsored health coverage, including premiums, employee contributions, cost-sharing provisions, offer rates, wellness programs, and employer practices. The 2020 survey included 1,765 interviews with non-federal public and private firms.


Plan Enrollment Trends

The following were the most common plan types in 2020:

  • Preferred provider organizations (PPOs)—47% of workers covered

  • High deductible health plans with a savings option (HDHP/SOs)— 31% of workers covered

  • Health maintenance organizations (HMOs)—13% of workers covered

  • Point-of-service (POS) plans—8% of workers covered

Health Insurance Premiums

The average premium rose 4% for both single and family coverage over the past year—around $7,470 and $21,342 respectively.


Worker Contributions

Workers contributed $1,243 and $5,588 toward their premiums for single and family coverage, respectively.


Self-funding

Self-funded plan enrollment increased over the past year, with 23% of workers with small employers enrolled in either a partially or entirely self-funded plan, compared to 84% of workers with large employers.


Contact RCB & Associates, LLC for more information on benefits offerings or what you can do to control your health care costs.

Featured Posts
Recent Posts
Archive
Search By Tags
Follow Us
  • Facebook Basic Square
  • Twitter Basic Square
  • Google+ Basic Square

P: 616-233-9050 ~ F: 616-285-6117

6147 28th Street SE
Suite 11
Grand Rapids, MI 49546

designed and developed by: 

  • Facebook Black Round
  • LinkedIn Black Round
  • download