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1) Health Care Benchmarking Report
1) Health Care Benchmarking Report
CUSTOMIZED
HEALTH CARE
BENCHMARKING
REPORT
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SHRM CUSTOMIZED
HEALTH CARE BENCHMARKING REPORT
SELECTION CRITERIA
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TABLE OF CONTENTS
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A GUIDE TO YOUR SHRM CUSTOMIZED BENCHMARKING REPORT
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SHRM CUSTOMIZED HEALTH CARE
BENCHMARKING REPORT
Not
n Offered
Offered
Percentage of organizations
1,976 98% 2%
providing health care coverage
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SHRM CUSTOMIZED HEALTH CARE
BENCHMARKING REPORT
3 or more
PPO 57% 81% 36%
plans
POS 6% 10%
CDHP 9% 19%
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SHRM CUSTOMIZED HEALTH CARE
BENCHMARKING REPORT
25th 75th
n Median Average
Percentile Percentile
* Metrics with a sample size (“n”) of less than 5 are not displayed.
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SHRM CUSTOMIZED HEALTH CARE
BENCHMARKING REPORT
25th 75th
n Median Average
Percentile Percentile
* Metrics with a sample size (“n”) of less than 5 are not displayed.
8
SHRM CUSTOMIZED HEALTH CARE
BENCHMARKING REPORT
25th 75th
n Median Average
Percentile Percentile
* Metrics with a sample size (“n”) of less than 5 are not displayed.
9
SHRM CUSTOMIZED HEALTH CARE
BENCHMARKING REPORT
25th 75th
n Median Average
Percentile Percentile
* Metrics with a sample size (“n”) of less than 5 are not displayed.
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SHRM CUSTOMIZED HEALTH CARE
BENCHMARKING REPORT
POINT OF SERVICE
25th 75th
n Median Average
Percentile Percentile
* Metrics with a sample size (“n”) of less than 5 are not displayed.
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SHRM CUSTOMIZED HEALTH CARE
BENCHMARKING REPORT
25th 75th
n Median Average
Percentile Percentile
* Metrics with a sample size (“n”) of less than 5 are not displayed.
12
SHRM CUSTOMIZED HEALTH CARE
BENCHMARKING REPORT
25th 75th
n Median Average
Percentile Percentile
Employer contribution to
552 $0 $480 $750 $495
a health savings account
Employer contribution to
a health reimbursement 198 $500 $1,000 $2,250 $2,063
arrangement
* Metrics with a sample size (“n”) of less than 5 are not displayed.
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SHRM CUSTOMIZED HEALTH CARE
BENCHMARKING REPORT
Not
n Offered
Offered
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SHRM CUSTOMIZED HEALTH CARE
BENCHMARKING REPORT
25th 75th
n Median Average
Percentile Percentile
* Metrics with a sample size (“n”) of less than 5 are not displayed.
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SHRM CUSTOMIZED HEALTH CARE
BENCHMARKING REPORT
RETIREMENT DATA
Not
n Offered
Offered
Percentage of organizations
1,646 86% 14%
providing employer contribution
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SHRM CUSTOMIZED HEALTH CARE
BENCHMARKING REPORT
RETIREMENT DATA
25th 75th
n Median Average
Percentile Percentile
Employee participation
1,062 40% 75% 90% 63%
rate
Percentage of an
employee’s salary
419 3.00% 3.00% 6.00% 4.02%
automatically
contributed by employer
Percentage of an
employee’s contribution 1,049 50% 75% 100% 66%
matched by the employer
Maximum percentage of
salary matched by the 1,024 3.00% 4.00% 6.00% 5.73%
employer
* Metrics with a sample size (“n”) of less than 5 are not displayed.
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SHRM CUSTOMIZED HEALTH CARE
BENCHMARKING REPORT
TUITION/EDUCATION DATA
Not
n Offered
Offered
25th 75th
n Median Average
Percentile Percentile
Maximum
reimbursement allowed
561 $2,000 $3,678 $5,250 $4,057
for tuition/ education
expenses per year
Percentage of employees
participating in
570 1% 3% 9% 9%
tuition/education
reimbursement programs
* Metrics with a sample size (“n”) of less than 5 are not displayed.
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HEALTH CARE GLOSSARY OF METRIC TERMS, DEFINITIONS AND
CALCULATIONS
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domestic partner coverage premiums by the Preferred Provider Organization
total premium dollar amount. Preferred provider organizations (PPOs) are
formed by an insurance company, an
Annual In-Network Deductible for employer or a group of employers who
Employee-Only Coverage negotiate discounted fees with networks of
This benchmark is the annual amount of health care providers. In return, the
out-of-pocket expenses that the employee employers guarantee a certain volume of
pays for health care services when the patients and prompt payment. PPO
provider participates in the employee’s participants’ out-of-pocket costs are usually
health care plan. lower than under a fee-for-service plan.
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Consumer-Driven Health Plan: whether they offer generic prescription
Health Savings Accounts and health care coverage.
Health Reimbursement
Arrangements Percentage of Organizations Offering
Formulary Brand Prescription Medication
Coverage
Employer Contribution to a Health
Savings Account This percentage represents those
organizations that offer formulary brand
Health savings accounts, a component of
prescription health care coverage as a
consumer-driven health care plans, allow
benefit to their employees. It is calculated
employers and employees to contribute to
by dividing the number of organizations
tax-deductible accounts for the benefit of
that offer formulary brand prescription
employees covered under high-deductible
health care benefits by the total number of
health plans. This benchmark indicates the
organizations, regardless of whether they
amount employers contribute to health
offer formulary brand prescription health
savings accounts.
care coverage.
Employer Contribution to a Health
Reimbursement Arrangement Percentage of Organizations Offering
Non-Formulary Brand Prescription
Health reimbursement arrangements, a
Medication Coverage
component of consumer-driven health care
plans, are tax-free accounts funded by This percentage represents those
employers only. Any benefit dollars that are organizations that offer non-formulary
left in the account at year-end can roll over brand prescription health care coverage as a
and be used to cover future medical benefit to their employees. It is calculated
expenses. by dividing the number of organizations
that offer non-formulary brand prescription
Prescription Medication Co-Pays health care benefits by the total number of
organizations, regardless of whether they
offer non-formulary brand prescription
Percentage of Organizations Offering
health care coverage.
Generic Prescription Medication
Coverage
Percentage of Organizations Offering a
This percentage represents those 90-Day Mail-Order Prescription
organizations that offer generic prescription Medication Supply
health care coverage as a benefit to their
employees. It is calculated by dividing the This percentage represents those
number of organizations that offer generic organizations that offer 90-day mail-order
prescription health care benefits by the total prescription health care coverage as a
number of organizations, regardless of benefit to their employees. It is calculated
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by dividing the number of organizations generic substitution. Co-pays are made in
that offer 90-day mail-order prescription addition to deductibles.
health care benefits by the total number of
organizations, regardless of whether they Employee Co-Pay for 90-Day Mail-Order
offer 90-day mail-order prescription health Supply of Generic Medication
care coverage.
This benchmark represents the payment
made at the time of purchase for a 90-day
Employee Co-Pay for Generic Medication supply of generic prescription medication
This benchmark represents the payment when the prescription is ordered through
made at the time of purchase for generic the mail. Generic medication is equal in
prescription medication. Generic therapeutic dose to brand-name original
medication is equal in therapeutic dose to medications and is typically cost-effective.
brand-name original medication and is Co-pays are made in addition to
typically cost-effective. Co-pays are made in deductibles.
addition to deductibles.
Employee Co-Pay for 90-Day Mail-Order
Employee Co-Pay for Formulary Brand Supply of Formulary Brand Medication
Medication This benchmark represents the payment
This benchmark represents the payment made at the time of purchase for a 90-day
made at the time of purchase for formulary supply of formulary prescription medication
prescription medication. Formulary brand when the prescription is ordered through
medications are a list of preferred the mail. Formulary brand medications are a
medications that are covered by a plan at a list of preferred medications that are
discount, and they differ from plan to plan. covered by a plan at a discount, and they
Medications are selected to be included in differ from plan to plan. Medications are
this list because they are cost-effective or selected to be included in this list because
have a generic substitution available. Co- they are cost-effective or have a generic
pays are made in addition to deductibles. substitution available. Co-pays are made in
addition to deductibles.
Employee Co-Pay for Non-Formulary
Brand Medication Employee Co-Pay for 90-Day Mail-Order
Supply of Non-Formulary Brand
This benchmark represents the payment
Medication
made at the time of purchase for non-
formulary prescription medication. Non- This benchmark represents the payment
formulary brand medications are not on the made at the time of purchase for a 90-day
formulary list of medications, and therefore, supply of non-formulary prescription
no discount is usually offered. Some plans medication when the prescription is ordered
may refuse to cover a non-formulary through the mail. Non-formulary brand
medication if a physician has prescribed a medications are not on the formulary list of
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medications, and therefore, no discount is
usually offered. Some plans may refuse to Percentage of Employee’s Salary
cover a non-formulary medication if a Automatically Contributed by Employer
physician has prescribed a generic
This benchmark represents the percentage
substitution. Co-pays are made in addition
of an employee’s salary that the employer
to deductibles.
automatically contributes to an employee’s
401(k), 403(b) or similar account.
Retirement Data
Percentage of an Employee’s
401(k), 403(b) or Similar Plan Contribution Matched by the Employer
This percentage represents those As a way to encourage participation in the
organizations that offer 401(k), 403(b) or 401(k) or similar plan, employers often will
similar plans to employees. A 401(k) plan match some or all of the employee’s pretax
allows employees to make tax-favored pay contributions. This benchmark represents
deferrals toward retirement savings through the percentage of an employee’s
a payroll deduction plan. A 403(b) plan is contribution that the employer will match.
similar to a 401(k), but it allows employees
of certain tax-exempt organizations to Maximum Percentage of Salary Matched
contribute pretax dollars toward by the Employer
retirement.
Although employers may match a
percentage of an employee’s contribution to
Percentage of Organizations With
a 401(k) or similar plan, often there is a cap
Automatic Employee Enrollment
or maximum amount that will be matched.
This benchmark reflects the percentage of This maximum amount is typically
organizations that provide automatic expressed as a percentage of the employee’s
enrollment of employees into 401(k), 403(b) salary.
or similar plans.
Tuition/Education Data
Percentage of Organizations Providing
Employer Contribution
Tuition Reimbursement
This benchmark reflects the percentage of
Tuition reimbursement is a benefit that
employers that contribute to their
organizations offer to help pay back
employees’ 401(k), 403(b) or similar plans.
employees’ educational expenses.
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