INDIANAPOLIS, Ind. – New Jersey has the fifth-highest average annual cost per employee for employer-sponsored health plans in the nation, according to findings released today from the United Benefit Advisors 2011 Health Plan Survey.
New Jersey’s average annual cost per employee was $10,642, according to the survey. The national average for all plans included in the survey was $8,688. Alaska had the highest average annual cost per employee at $11,926; Mississippi had the lowest at $6,282.
“These are important benchmarks for employers looking to expand into various states and the potential impact on overall human resource costs. This may also have a bearing on the various future policies states adopt in responding to health care reform in their local market,” said Bill Stafford, UBA vice president, member services.
United Benefit Advisors is a member-owned alliance of more than 140 premier independent benefit advisory firms with more than 165 offices throughout the U.S, Canada and the U.K., and is the nation’s leading independent benefits advisory organization.
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