How Do You Get Real Numbers for a Total Compensation Estimate?
Your carrier bill and your contribution schedule give the employer cost by tier.
How it works in practice
Your carrier bill and your contribution schedule give the employer cost by tier.
The bill shows the premium for each tier. The contribution schedule shows how much of it the employer pays. Subtract the employee’s share from the total premium and you have the employer’s cost for that tier.
Our cost per employee calculator can help you work from those two documents. Account funding, such as an employer HSA deposit, and paid time are added on top.
If you would rather not do this by hand, a statement built from the renewal and enrollment files does it for every employee and checks it before it goes out.
Three places to go next
Health plan cost per employee
Employer cost per employee from your plan.
Total compensation calculator
Add up salary and employer-paid benefits.
Total compensation statements
Show employees the full value of the package.
Related questions.
Where do I find the employer cost by tier?
On the carrier bill and in your contribution schedule.
What else adds to the total?
Employer account funding and paid time, added on top of the premium share.
Can someone else build it for me?
Yes. We build statements from the renewal and enrollment files for each employee.
Where this comes from.
This page describes how CFH builds and times total compensation statements and related materials for employer clients. It uses no outside statistics. The related guides below cover the wider process.
Send us your renewal.
We’ll tell you whether it looks competitive, where we see opportunity, and the five questions we’d put to your carrier. No cost, and no obligation to move anything.
The renewal letter
Your current plan summary
Contribution split by tier
Enrolled counts by tier
Four documents — two more if your group is 50 or more. Nothing else; every extra one is a reason to postpone.
An independent employee benefits consulting firm. We look at the entire benefits program: cost, plan performance, risk and administration.
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