Friday, September 14, 2012

Distributions of annual premium for covered workers with single coverage insurance costs

The graph below was created using Google’s charting tools.

The vertical bar graph shows the distribution of annual premiums paid by workers with only single coverage in 2011.

The data in the graph was taken from the Kaiser Family Foundation and Health Research & Educational Trust‘s 2011 Annual Survey entitled “Employer Health Benefits”.

Data on the graph, and in the survey, should be of interest to companies to compare (benchmark) their health benefit offerings to other companies.

The survey can be accessed by clicking here (PDF file).

The graph shows that a large range of premiums are paid for single coverage from less than $2,000 to more than $9,000 per year.  Most premiums paid are in the $4,000 to $7,000 range.

Distributions of Annual Premiums for Workers With Single Coverage

Friday, September 7, 2012

Percentages of payment fraud by checks and other payment types

The graph below was created using Google’s charting tools.

The vertical bar graph shows, by percentages, fraud attempts (and successes) at reporting organizations by payment type.  For example, 90 % of surveyed organizations reported fraud attempts (and successes) using checks, 25 % of reporting organizations had fraud attempts using ACH debits, etc.

The results shown on the graph were obtained by an Association for Financial Professionals survey conducted in 2010, entitled “2010 AFP Payments Fraud and Control Survey – Report of Survey Results”.

Other survey results indicate what organizations attempted in order to prevent fraud success and the numbers of organizations reporting fraud attempts.

More details from the survey can be read by clicking here.

Payment Fraud Attempts by Checks and Other Payment Types