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In a 2008 survey of 500 employers, respondents were grouped into three categories -- low-performing, average-performing and high-performing companies, based on relative health care costs and cost increases, as well as whether an organization is meeting its health benefit objectives for health care costs. In dollar terms, companies in the low-performing group face a total cost of $10,200 per employee in 2008, while high-performing companies will pay $8,532 per employee. High performing companies showed an increase in employer cost of 5%, compared to 7% for low-performers. Increases in employee costs were 8% for high-performers, compared to 9% for low-performers. (exhibit 7, p. 5)
Towers Perrin. (2008). 2008 health care costs survey. Stamford, CT: Towers Perrin. Retrieved from http://www.towersperrin.com/tp/getwebcachedoc?webc=HRS/USA/2008/200801/hccs_2008.pdf
The Towers Perrin 2008 Health Care Cost Survey, conducted in September 2007, marks the 19th consecutive year that Towers Perrin has surveyed, analyzed and reported on major trends in employee and retiree health care costs. A total of 500 employers, with operations in numerous locations nationwide, responded. Respondents are primarily Fortune 1000 companies.
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