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Analysis

Best-performing companies save how much on health care?

Research indicates that a group of best-performing companies has managed to save $2,251 per employee per year in health care costs.

Cost control Among the practices used by those best performers are implementing spousal coverage surcharges when spouses have other coverage available—something done by 34 percent of best performers. (Photo: Shutterstock)

Research indicates that a group of best-performing companies has managed to save $2,251 per employee per year in health care costs when compared with the national average in 2017 ($9,950 compared with $12,201).

That’s according to Willis Towers Watson’s 22nd annual Best Practices in Health Care Employer Survey, which points out that a company of 10,000 employees could realize savings of more than $22 million a year “by implementing a broad set of effective strategies and practices.”

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Marlene Satter

Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

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