Thursday, December 20, 2007

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[IWS] CALIFORNIA EMPLOYER HEALTH BENEFITS SURVEY [December 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
________________________________________________________________________

California Health Care Foundation


California Employer Health Benefits Survey [December 2007]
http://www.chcf.org/documents/insurance/EmployerBenefitSurvey07.pdf
[full-text, 46 pages]


Press Release
Market Overview

California Employer Health Benefits Survey 2007
National Opinion Research Center
http://www.chcf.org/topics/healthinsurance/index.cfm?itemID=133543

December 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.

[Thanks to Gary Price at Resourceshelf.com for the tip].
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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.

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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                  
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