Healthcare sees 14.6% increase in employee benefit costs since 2004, study shows

Healthcare employers are spending more on employee benefits and well-being, according to an analysis of U.S. Bureau of Labor Statistics data.

The analysis, conducted by Bay Alarm Medical, a subsidiary of Bay Alarm, examined BLS data using the National Compensation Survey's Employer Costs for Employee Compensation report.

Researchers looked at the cost of benefits such as insurance plans, paid leave, retirement and savings and supplemental pay.

They found that the 2018 cost of benefits per worker for healthcare workers, which include dentists, nurse practitioners and physicians, was $10.24 per hour or $21,364 per year per worker. That's up 14.6 percent from 2004.

Access the full analysis here.


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