California Employer Health Benefits Survey 2007
Employer-sponsored coverage is the leading source of health insurance coverage in the state and in the nation. Changes in offering rates among employers, increases in premiums for the various health plans offered, and employee cost sharing all have major implications for the level and quality of health insurance provided to Californians.
This annual survey shows how premiums and benefit design has changed over time. Key findings include:
- Premiums increased 8.3% in California in 2007, outpacing a 6.1% rise in premiums nationally. Since 2002, premiums in California have increased 86.3% compared to 78.5% nationally.
- The 8.3% increase in the cost of employer-based health insurance was more than double the California inflation rate of 3.4%. Since 2002, premiums in California have increased 86.3% compared to a 19.5% increase in consumer prices.
- While HMO premium increases generally outpaced PPO premium increases, HMO monthly premiums were much less costly than PPO monthly premiums.
- The percentage of covered workers enrolled in a high-deductible health plan with a savings option increased from 2% to 4% from 2006 to 2007.
The complete report is available through Document Downloads.
Source: chcf.org
July 15 2009 12:21 am | Surveys