Business Insurance
» Business Insurance, Volume 2, Issue 7, 2002
If respondent purchases insurance covering employee health.
3E1. On a cost per unit of coverage basis, has the price of insurance covering employee health over the last year or so:? By what percentage has the price risen for employee health coverage?
Response | ||||
---|---|---|---|---|
1 | Risen - 50+ percent | 6 | ||
2 | Risen - 20 -49 percent | 44 | ||
3 | Risen - < 20 percent | 33 | ||
4 | Risen - DK/Refuse | 6 | ||
5 | Stayed about the same | 7 | ||
6 | Fallen | 1 | ||
7 | DK/Refuse | 2 | ||
Total (%) | 99 | |||
N | 422 |
Notes: Eighty-nine (89) percent of small employers who have employee health insurance had premium increases in the last year (Q#3E1).