General Statistical Information

[Guest Robin Flaherty]

I am trying to secure statistical information about how long a company with "x" number of employees makes their employees wait before they receive the company contribution toward health insurance. Does anyone know of a website that could provide such information? Also, if anyone reading this can tell me how long the wait is at their company (please provide number of employees). Thank you.

[Sheila K]

Robin:

At our company (375 employees), we have a 90 day waiting period for health/dental benefits. All FT employees have 1xsalary life insurance from day 1. All employees have EAP access from day 1.

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Good Luck!!!

Sheila K 8^)

[Guest nb]

We have approx 11,000 employees. Medical benefits are effective the first of the month following date of hire and completion of enrollment forms. Dental and Life begin the first day of the next biweekly pay period, again after completion of enrollment forms. EAP is effective the first day of the month following date of hire, no enrollment is necessary for the EAP.

[jeanine]

We have about 3800 employees and a self-funded plan. Coverage starts the first day of the next month following hire and enrollment. Probationary employees (less than 6 months) pay a slightly higher premium for the first 6 months of coverage. Family coverage is less than $100 per month for full-time employees. We also offer full coverage for part-time with as little as 16 hours a week, again with a slightly higher premium than full-time.

[Guest Sherri Davis]

I am working on a benefits comparison for my company and would like to know if there is a website available that shows this information by company. Or is anyone willing to share their company's benefits package with me? This will be used for no other purpose than to assess our benefits package. Thank you.

[KIP KRAUS]

Robin:

Contact the Industrial Management Council in Rochester. They should have such information specific to your geographic area.

By the way. Unless you are recruting from out of the area, you want to be competative with local employers and should be more concerned with what they are doing as apposed to what out of area companies are doing.

[Greg Judd]

The Kaiser Family Foundation, a font of terrificly useful information on healthcare policy issues, issued the results of a survey earlier this year (2/99) that provides some of the best free information I've seen on group health benefits design.

Their 1999 Employer Health Benefits Annual Survey - released in October - provides average waiting period information in Exhibit 4.5 (page 36). Along with size, industry category seems to be the most important determinant of waiting period length (finance short, retail long).

[This message has been edited by Greg Judd (edited 12-16-1999).]