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Health Insurance Cost

Per-employee health insurance cost

How it’s computed

total_health_cost / enrolled

What the evidence shows

Evidence (effect sizes, priors, validity) is syncing from Principia.

What this metric can show you

Health Insurance Cost can tell roughly 22 pre-built stories — each a designed scene the data either confirms or it doesn’t. Bring your numbers and the Story Finder runs every one of these shapes against them.

specific to compensation & benefits

ABCDE

A real gradient — now ask if it's pointed at value

compensation · T1

ABCDE

Below the market, across the board

compensation · T1

ABCDE

One group sits apart on a decision that should be neutral

fairness-equity · T1

Pay is drifting from plan

compensation · T1

universal shapes — any single metric can take these

A few large values are doing the talking

any focus · T1

A one-time event, not a trend

any focus · T1

It doesn't track — the premise is false

any focus · T1

ABCDE

It's concentrated — one group stands apart

any focus · T1

Scenes are pre-built; your data is the toggle. Browse the full deck or watch one play end-to-end in The Quiet Exodus.

Run it on your data

This metric is computed in the People Analytics Toolbox on your own numbers. See pricing — posted, no quotes.

sources: toolbox:metrics-catalog

What the literature says

The measurement literature behind this signal — sourced, so you can defend it.

  • Because this category of employee benefits is the major component of the total employee benefits program, understanding and forecasting these costs accurately is vital. After all, on average, the cost of a total employee benefit program is about 30% of the total compensation…

    Compensation Benefit Designmatch 55%

  • This will provide an overall total benefits cost target. Historical data collection on the breakdown of each benefit line item should be undertaken. Here is a comprehensive list of all the benefit components: • Legally required benefits mandated by various laws • Medical…

    Compensation Benefit Designmatch 51%

  • The contributing factor is that over the past four years unemployment has been in the range of 8% to 10%. This is a good and a bad piece of information. Because the number of covered employees has been going down, the total cost of medical coverage has been (most probably)…

    Compensation Benefit Designmatch 50%

Resources: Compensation Benefit Design