Friday, October 12, 2007
Tweet[IWS] CRS: SPENDING BY EMPLOYERS on HEALTH INSURANCE: A DATA BRIEF [10 October 2007]
IWS Documented News Service
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
________________________________________________________________________
Congressional Research Service (CRS)
Order Code RS22735
October 10, 2007
Spending by Employers on Health Insurance: A Data Brief
Jennifer Jenson, Specialist in Health Economics, Domestic Social Policy
http://opencrs.com/rpts/RS22735_20071010.pdf
[full-text, 6 pages]
Summary
To attract and maintain a skilled workforce, many businesses provide health
insurance and other benefits for their employees. As the cost of health insurance rises,
employers face a growing challenge paying for benefits while managing labor costs to
succeed in a competitive market. All types of businesses report problems, including
both small businesses and firms with thousands of employees and retirees.
Despite concerns about the cost of benefits, small and large employers together
provide health coverage for most Americans, about 60% of the population in 2006.1 But
as the amount that employers pay for health insurance has been increasing both
absolutely and as a share of labor costs the percent of the population covered has
been decreasing.
To describe employer contributions for health insurance, this report presents data
from two employer surveys. The first, conducted by the Kaiser Family Foundation and
the Health Research and Educational Trust, provides information on premiums for
employer-sponsored health insurance. The second, from the Department of Labor,
provides information on employer costs for employee compensation, including costs for
wages and salaries, health insurance, and other benefits.
INCLUDES CHARTS & TABLES.....
______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Stuart Basefsky
Director, IWS News Bureau
Institute for Workplace Studies
Cornell/ILR School
16 E. 34th Street, 4th Floor
New York, NY 10016
Telephone: (607) 255-2703
Fax: (607) 255-9641
E-mail: smb6@cornell.edu
****************************************
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
________________________________________________________________________
Congressional Research Service (CRS)
Order Code RS22735
October 10, 2007
Spending by Employers on Health Insurance: A Data Brief
Jennifer Jenson, Specialist in Health Economics, Domestic Social Policy
http://opencrs.com/rpts/RS22735_20071010.pdf
[full-text, 6 pages]
Summary
To attract and maintain a skilled workforce, many businesses provide health
insurance and other benefits for their employees. As the cost of health insurance rises,
employers face a growing challenge paying for benefits while managing labor costs to
succeed in a competitive market. All types of businesses report problems, including
both small businesses and firms with thousands of employees and retirees.
Despite concerns about the cost of benefits, small and large employers together
provide health coverage for most Americans, about 60% of the population in 2006.1 But
as the amount that employers pay for health insurance has been increasing both
absolutely and as a share of labor costs the percent of the population covered has
been decreasing.
To describe employer contributions for health insurance, this report presents data
from two employer surveys. The first, conducted by the Kaiser Family Foundation and
the Health Research and Educational Trust, provides information on premiums for
employer-sponsored health insurance. The second, from the Department of Labor,
provides information on employer costs for employee compensation, including costs for
wages and salaries, health insurance, and other benefits.
INCLUDES CHARTS & TABLES.....
______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Stuart Basefsky
Director, IWS News Bureau
Institute for Workplace Studies
Cornell/ILR School
16 E. 34th Street, 4th Floor
New York, NY 10016
Telephone: (607) 255-2703
Fax: (607) 255-9641
E-mail: smb6@cornell.edu
****************************************
# posted by SBasefsky : 10:19 AM
