Manufacturing Machinery Equipment Medical/Rx Benefits Benchmarks
Real plan data from verified employers in your industry
Manufacturing Machinery Equipment Employee Benefits Overview
Medical plan benchmarks from verified employer data
Medical benefits typically represent the largest share of employer benefit spending and are a key factor in employee recruitment and retention.
Our database includes 319 manufacturing machinery equipment employers offering 792 verified benefit plans. PPO plans are the most common (42% of employers), followed by HDHP (37%). Funding approaches are mixed, with fully-insured (55%) and self-insured (33%) both common. Most employers offer three or more plan options to employees (41%).
Medical plan benchmarks include deductibles, copays, coinsurance, out-of-pocket maximums, and employer contribution rates.
Plan Type Mix
% of employers offering each
Plan Funding
% of employers by funding
Plans Offered
% of employers by plan count
Manufacturing Machinery Equipment plan design & cost benchmarks
| In-Network Benefits | LimitedBalancedRobust | Your Plan |
|---|---|---|
| Individual Deductible | $716 $1,723 $2,688 | $1,72352Bal |
| Family Deductible | $1,816 $3,614 $5,392 | $3,61452Bal |
| Individual OOP Max | $3,787 $5,379 $6,802 | $5,37952Bal |
| Family OOP Max | $7,101 $9,146 $12,874 | $9,14652Bal |
| Coinsurance | 10% 21% 27% | 21%52Bal |
| Primary Care | $24 $36 $45 | $3652Bal |
| Specialist | $40 $59 $73 | $5952Bal |
| Emergency Room | $157 $284 $434 | $28452Bal |
| Urgent Care | $54 $78 $98 | $7852Bal |
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Real plan-design and cost benchmarks for manufacturing machinery equipment, with percentile rankings and exportable data.
Deductibles, copays, coinsurance & out-of-pocket maximums
Monthly employee premium contributions by tier
Total monthly premium costs by coverage tier
Rx copays, deductibles & mail-order options
See What You'll Discover
Our reports reveal exactly where your plan stands, and why. Preview using sample manufacturing machinery equipment data.
This plan aligns well with common market practices. Benefits and costs are competitive, providing reliable value that meets typical employer offerings in your segment.
Deductibles and copays rank above market median, offering strong value to employees.
Contribution levels are competitive with peer employers in your industry.
Gross premiums align with market expectations for comparable coverage.
% of employers
% of employers
Features in top 25% of peers
Features in bottom 25% of peers
Family Premium ranks in the 18th percentile. Adjusting employer contribution strategy could improve retention without significant cost increases.
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Manufacturing Machinery Equipment Benefits Landscape
Industry trends and benchmarking considerations
Manufacturing employers design benefits packages that serve both office-based and production floor employees. Our benchmarking data shows a mix of fully-insured and self-funded arrangements depending on company size, with larger manufacturers more likely to self-fund. Plan design often reflects the need to attract skilled trades workers in competitive labor markets while managing costs.
Key Trends
PPO Dominance
Manufacturing employers in our database favor PPO plans, providing the network flexibility that appeals to geographically dispersed workforces.
Fully-Insured Prevalence
Unlike some sectors, manufacturing shows higher rates of fully-insured plans in our data, particularly among mid-sized employers prioritizing cost predictability.
Competitive for Skilled Trades
Manufacturers competing for machinists, welders, and other skilled trades often match or exceed regional benchmarks in our data to attract talent.
Benchmarking Considerations
Manufacturing benefits vary by subsector. Consider shift structures and workforce composition when interpreting benchmarks. Use state filters to compare against regional competitors.
Related Industries
Frequently Asked Questions
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