Health insurance costs exceed $2 per hour
Published: June 15,2010
In March 2010, the average cost for health insurance benefits was $2.08 per hour worked in private industry.
Among occupational groups, employer costs for health insurance benefits ranged from 92 cents per hour for service workers, to $3.03 per hour for management, professional, and related occupations.
In March 2010, among other occupational groups, employer costs for health benefits averaged $1.87 per hour worked for sales and office occupations, lower than $2.49 per hour for natural resources, construction and maintenance occupations, and $2.34 per hour for production, transportation and material moving occupations.
Employer costs for health insurance benefits were significantly higher for union workers, averaging $4.38 per hour worked, than for non-union workers, averaging $1.82 per hour.
In goods-producing industries, health insurance benefit costs were higher, at $2.88 per hour worked, than in service-providing industries, at $1.92 per hour.
Among the four regions, costs for health insurance benefits ranged from $1.78 per hour worked in the South to $2.40 per hour in the Northeast. Health care costs were $2.21 per hour in the Midwest and $2.11 per hour in the West.
To sign up for Mississippi Business Daily Updates, click here.
7 Responses to “Health insurance costs exceed $2 per hour”
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Voters to decide whether hunting, fishing is constitutional right
- MARTIN WILLOUGHBY: Andrew Adams helps grow Addicus
- DAVID DALLAS: You say “Obama”, I say “Ebola”
- Grand juries charge seven with election violations
- Dak Prescott's autograph fetches a pretty penny
- Butler Snow names Crockoft new office director
- Farm theft investigation recovers $200K in stolen equipment
- C Spire wins national award, cash prize for marketing analytics
- MISSISSIPPI RISING: Time to sell the image