Published Aug. 10, 2012
Sixty percent of the 130 businesses surveyed offer such plans, up from 46% in 2010, Rosenfeld reported.
Meanwhile, premiums for preferred provider organization plans, or PPOs, average around $406 for single coverage in South Carolina compared to $465 nationally.
Employee contributions are higher in the state compared to the national average, for both high-deductible plans and PPOs. For PPO single coverage, employees contribute an average of $92 toward premiums versus $84 nationally. For high-deductible health plans, single coverage averages $59 in South Carolina versus $60 nationally.
Deductibles run significantly higher, with average PPO deductibles in South Carolina at $1,449 for single coverage and $3,693 for family coverage, versus national averages of $928 and $1,521, respectively. For high-deductible health plans, single deductibles in South Carolina average $2,255 versus $1,908 nationally, while family deductibles average $4,620 in South Carolina and $3,666 nationally.
The 2012 South Carolina Employer Benefits Survey is conducted biannually by Greenville-based Rosenfeld Einstein to help South Carolina businesses benchmark benefit programs to evaluate their competitive position.
The 130 participating companies represent more than 39,000 employees in various industries, said Howard Einstein, principal of Rosenfeld Einstein.
"These findings provide actionable, current information to guide future benefits planning decisions,” Einstein said.