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June 08, 2011 at 08:00 PM
Insurance industry employers’ own health coverage costs are about 9.7% higher this year than they were in 2010.
Compdata Surveys, Olathe, Kan., a unit of Dolan Technologies Corp., has based that figure on results from a survey of 210 insurance companies, insurance brokerage firms and other insurance industry employers at about 1,750 locations.
Compdata asked survey participants about pay levels and benefits packages.
About 70% of the participating companies said they pay more than $9,600 per year for coverage for an employer who opts for family coverage.
The annual cost of the typical employee-only plan ranges from $2,400 to $7,200.
Some health insurers have promoted the use of high-deductible health plans, with or without a health savings account or other personal health account, as a strategy for reducing premium costs.
