Employees happy with health benefits despite costs

Adapted from What’s New in Benefits & Compensation.

If employees feel they’re getting good value for their healthcare benefits, they’ll be OK with taking on a bit more of the costs.

That’s one of the key takeaways from a recent Perceptions of Health Benefits in a Recovering Economy study, by the National Business Group on Health (NBGH).

The study found that 63% of employees were very satisfied with their current healthcare coverage, even though the vast majority of them saw increased premiums and out-of-pocket costs over the past three years.

Some of the other highlights:

  • Approximately 33% of employees were more satisfied with their health coverage than they were three years ago; 12% were less satisfied; and 53% said satisfaction was the same, and
  • 87% of workers said health benefits were very important when it came to making a decision about a new job or staying with their employer.

The study also found that the majority of workers (71%) didn’t think employers should charge people more for health care if they didn’t reach health goals.

 

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