Newequipment 93 Industry Trends Glass Office Building
Newequipment 93 Industry Trends Glass Office Building
Newequipment 93 Industry Trends Glass Office Building
Newequipment 93 Industry Trends Glass Office Building
Newequipment 93 Industry Trends Glass Office Building

Employees Paying More for Health Care

Oct. 28, 2014
The increase in median out-of-pocket maximums was more than double the increase in average out-of-pocket maximums for both single and family coverage, which both went up, on average, less than $250.

Out-of-pocket maximums per employee for health care costs increased more than 6%, according to the 2014 UBA Health Plan Survey.

The increase in median out-of-pocket maximums was more than double the increase in average out-of-pocket maximums for both single and family coverage, which both went up, on average, less than $250.

The median single out-of-pocket maximum increased $500 to $3,500, and the median family out-of-pocket maximum increased $1,000 to $8,000, as reported by Stephen Miller of SHRM.

Average in-network deductibles for single coverage remained fairly level at $1,901.

Survey highlights include:

  • The percentage of plans with no deductible in-network decreased from 21% for an individual in 2013 to 20% in 2014, and from 22.5% for a family in 2013 to 20.8% in 2014.
  • The number of plans with no out-of-network deductible decreased from 8% for individuals in 2013 to 6.9% in 2014, and from 9.8% for a family in 2013 to 8.1% in 2014.
  • Plans with 100% co-insurance (wherein all medical expenses are covered by the insurer after the deductible is paid) decreased by 14.8% since 2012. In 2014, 36.2% of plans offered 100% co-insurance for individuals and only 1.3% covered families at this level.