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Survey Report

2020 CFO Survey – Health Care Costs

Survey findings, U.S.

Compensation Strategy & Design|Health and Benefits|Talent
N/A

January 11, 2021

As organizations rethink their health care plans, finance leaders strive to balance costs, quality and affordability. Explore our latest findings.

About the survey

Research findings are based on responses from 54 organizations representing more than 100,000 employees in the United States. The survey fielded September – October 2020.

Respondent profile

  • 69% For profit, private
  • 26% Nonprofit/government
  • 4% For profit, publicly traded
Figure shows the breakdown by region: 15% West, 7% dispersed nationally, 28% N. Central, 19% Southeast, 20% Northeast, 11% S. Central.
Respondents have the largest number of benefit-eligible employees in the regions above.

Overview

Jolted by a global pandemic, organizations are gradually accelerating operations. As many rethink elements of their health care plans, finance leaders strive to balance costs, quality and affordability while meeting workforce expectations and business objectives.

The findings reveal that most respondents (87%) recognize the importance of health care cost management and 55% expect to make significant changes to manage health care costs over the next three years. Of the respondents, one fifth changed their approach to manage costs due to COVID-19.

Get access to the detailed survey findings. Download the PDF.

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Title File Type File Size
2020 CFO Survey – Health Care Costs PDF .4 MB


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