Average Cost of Health Care Per Employee Per Year In Major Metropolitan Cities in the U.S.
The chart above illustrates the cost of health care in several major Metropolitan cities across the United States for 2005. This illustration can be used as a benchmark for a company’s actual health care cost per employee per year. Recently, major employers in Detroit have reduced benefit levels, increased employee cost sharing in the form of higher deductibles / coinsurance and employee contributions, and introduced more “consumerism” components.
I look to MMA Michigan for really creative ideas on how to best structure our benefits program to attract and retain employees.