How Much Does Health Insurance Cost Employers?
- 16470 POINTSview profileDavid OsgoodAgent, Rural Mutual Insurance Co., Union Grove, WIThis question is nearly impossible to answer with a dollar figure. The cost of a health insurance policy is determined by many factors. Some of those factors are, type of policy, geographic location, number of employess, amount of deductible, medical histories of the employees participating,and many more factors are typically used.Answered on April 18, 2013flag this answer
- 11783 POINTSContact Meview profileLarry GilmorePROAgent Owner, Gilmore Insurance Services, Marysville, Washington StateHow much does health insurance cost employers? In the 25 years I have been in the insurance business the cost of health insurance has risen just about every year. When I began the cost of providing health insurance and other benefits to employees ran about 5% or less of payroll. In other words the cost of giving everybody health insurance was about equal to to 5% of the sum total of everyone's take home pay. Now nationally I believe that cost is around 15% of payroll today.Answered on May 23, 2013+01 0+1 this answerflag this answerview more answers by Larry Gilmore
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