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”
Top Posts & Pages
- DeSoto County Supervisor Lee dies in ATV accident on his birthday
- Molpus closes Fund after more than $662M in commitments
- Kemper County plant will cost at least another $496M to complete
- Cochran calls on EPA for review of Yazoo Backwater Project
- State Sen. Gandy hospitalized in South America
- Camgian launches Internet of Things product called Egburt
- Number of requests for general election absentee ballots roughly same as primary
- Former Mississippi First Lady Carroll Waller dies at 87
- After string of losses, O'Hara sees himself as Senate 'protest vote'