The Hospital Industry Employment Summary

There are about 7,000 hospitals nationwide, employing over 6 million people. Each hospital is quite large, with an average of 855 staff, and the industry is female-dominated, with only 26% of employees identifying as male. The median employee age is 42 years old.

Hospital Industry Benefits Comparison

What percentage of hospitals offer medical insurance?

• 72% of hospital employers offer their employees access to medical insurance. This is above the national average of 69%.
• These businesses provide an average monthly employer premium of $1,118 for family coverage. This is in line with the national average of $1,121.
• Additionally, these businesses provide an average monthly employer premium of $484 for individual coverage. This is also right in line with the national average of $458

What percentage of hospitals offer short and/or long-term disability insurance?

37% of hospitals offer short-term disability insurance, and 39% provide a long-term disability option. This is lower than the national average of 42% and 34%, respectively.

What percent of hospitals offer life insurance?

60% of hospitals offer life insurance coverage. This is slightly above the national average of 56%.

Do hospitals provide access to paid family leave?

• 26% provide access to paid family leave. The national average is 20%.
• 91% provide access to unpaid family leave. The national average is 88%.
• 67% offer consolidated leave plans. The national average is 44%.

Summary

Generally speaking, hospital employers are in line with the national standard for providing all-inclusive hospital employee benefits packages. There are a few opportunities for improvement, such as providing more in-depth short-term and long-term employee benefits packages and increasing the number of paid vacation days. Once these adjustments are made, hospitals will notice how strong benefits packages are a prime factor in attracting staff and retaining them in the future.

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