ExpertQuote — Your Benefits Team

ExpertQuote Benefits Benchmark

Compare your benefits cost vs California benchmark

Enter your workforce and annual medical premiums. Every result updates instantly.

Annual employer spend$483,500Medical premiums only
Per enrolled employee$12,724Employer cost per year
Employees enrolled3823 single / 15 family
Blended employer share100%Weighted by premium cost

Workforce & plan assumptions

Employees with single medical coverage
Employees with family medical coverage
Annual premium per enrolled employee
0% paid by the employee
Annual premium per enrolled family
0% paid by the employee
How this is calculated

Single enrollment × premium × employer share

+ Family enrollment × premium × employer share

Employer share of coverage

Single coverage
$181,355Employer cost
$0Employee share
Family coverage
$302,145Employer cost
$0Employee share
Single coverage$181,355
Family coverage$302,145
Annual employer cost$483,500
Employee annual share$0

Scenario estimate only. Premium and employer-coverage fields are editable, and all totals reflect medical coverage only.

How your plan compares with the CA benchmark

See what the entered single and family enrollments would cost using California annual premiums while keeping employer contribution percentages unchanged.

CA single premium$10,033Employer annual total $230,759
CA family premium$28,397Employer annual total $425,955
Your plan$483,500Annual employer cost
CA benchmark plan$656,714Annual employer cost
CA costs more than your plan$173,214 more26% higher than your plan
Your plan
$483,500
CA benchmark
$656,714

Comparison uses the same single and family enrollment counts and employer contribution percentages entered above. California benchmark premiums are fixed at $10,033 single and $28,397 family per year.

Results EQ can achieve

EQ results apply an 18% reduction to the annual single and family premiums entered above while keeping enrollment and employer contribution percentages unchanged.

18%Annual reduction
EQ single premium$6,466Employer annual total $148,711
EQ family premium$16,517Employer annual total $247,759
Your current plan$483,500Annual employer cost
EQ achieved plan$396,470Annual employer cost
Annual savings with EQ$87,030 saved18% lower than your current plan

EQ results use the same enrollment counts and employer contribution percentages entered above. Both entered annual premiums are reduced by 18%.