Technology Software Medical/Rx Benefits Benchmarks
Real plan data from verified employers in your industry
Technology Software Employee Benefits Overview
Medical benefits typically represent the largest share of employer benefit spending and are a key factor in employee recruitment and retention.
Our database includes 271 technology software employers offering 874 verified benefit plans. PPO plans are the most common (38% of employers), followed by HDHP (36%). Fully-Insured funding is the predominant model, used by 73% of industry employers. Most employers offer three or more plan options to employees (64%).
Medical plan benchmarks include deductibles, copays, coinsurance, out-of-pocket maximums, and employer contribution rates.
Technology Software plan design & cost benchmarks
| In-Network Benefits | LimitedBalancedRobust | Your Plan |
|---|---|---|
| Individual Deductible | $760 $1,699 $2,764 | $1,69952Bal |
| Family Deductible | $1,600 $3,614 $5,032 | $3,61452Bal |
| Individual OOP Max | $3,237 $5,158 $6,923 | $5,15852Bal |
| Family OOP Max | $6,218 $8,934 $13,206 | $8,93452Bal |
| Coinsurance | 11% 18% 28% | 18%52Bal |
| Primary Care | $24 $38 $45 | $3852Bal |
| Specialist | $41 $60 $71 | $6052Bal |
| Emergency Room | $204 $349 $484 | $34952Bal |
| Urgent Care | $56 $76 $97 | $7652Bal |
Unlock the full benchmarks
Real plan-design and cost benchmarks for technology software, 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
Plus full benchmarks for Life, Voluntary Life, Short- & Long-Term Disability, and Stop-Loss.
Plan Type Mix
% of employers offering each
Plan Funding
% of employers by funding
Plans Offered
% of employers by plan count
Technology Software Benefits Landscape
Industry trends and benchmarking considerations
Software and technology companies compete intensely for engineering and product talent, which drives benefits strategy. Our benchmarking data shows tech employers tend to favor PPO and HDHP plan designs, with a higher-than-average rate of self-funding among larger companies. Employee contribution strategies in this sector often emphasize lower out-of-pocket costs for employees, particularly for individual coverage, as part of the overall compensation package.
Key Trends
HDHP Adoption with HSA
Tech employers increasingly offer HDHP options paired with employer HSA contributions. Our data shows this combination is more prevalent in tech than most other industries.
Richer Plan Designs
Compared to national averages, software companies typically offer lower deductibles and out-of-pocket maximums, reflecting the competitive talent market.
Higher Employer Contributions
Tech employers generally cover a larger percentage of premium costs, particularly for employee-only coverage, with some covering 90%+ of individual premiums.
Benchmarking Considerations
When benchmarking against tech industry standards, consider company size. Well-funded startups and public tech companies often offer richer plan designs than bootstrapped or early-stage companies. Use state filters to compare against regional competitors.
Related Industries
Frequently Asked Questions
About technology software benefits benchmarking
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