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Health benefits 5.6 percent of total compensation

July 05, 2001

In March 2001, private industry health benefit costs averaged $1.16 per hour or 5.6 percent of total compensation.

Health care costs as a share of private-industry compensation, March 2001
[Chart data—TXT]

In goods-producing industries, health benefit costs were $1.68 per hour (6.9 percent of total compensation) compared with $1.01 (5.1 percent of total compensation) for service-producing industries.

Employer costs for health benefits ranged from $1.34 per hour and 6.9 percent of total compensation for blue-collar occupations to 49 cents and 4.7 percent for service occupations. In white-collar occupations, employer costs for health benefits averaged $1.29 (5.1 percent).

The compensation data in this report are produced by the Employment Cost Trends program. Compensation costs (also known as employment costs) include wages, salaries, and employer costs for employee benefits. Find out more about compensation levels in "Employer Costs for Employee Compensation," news release USDL 01-194.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Health benefits 5.6 percent of total compensation on the Internet at http://www.bls.gov/opub/ted/2001/july/wk1/art03.htm (visited October 25, 2014).

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