Healthcare Benefits Premium Covered (OI1503)

Percentage of a full-time employee's healthcare premium that is covered by the organization or third parties, based on benefits available to full-time employees as of the end of the reporting period.

Reporting Format Decimal
Metric Type Metric
Metric Level Organization
IRIS Metric Citation IRIS, 2021. Healthcare Benefits Premium Covered (OI1503). v5.2.

Footnote

Organizations should footnote all assumptions used, including source of data. See usage guidance for further information.

Usage Guidance

This metric is intended to capture the share of healthcare premiums covered for employees, whether covered directly by the organization or by regional governmental programs in the region of operations. Organizations should provide a weighted average by number of employees if the percentage differs among them.
Subtracting this percentage from 1 (one) would give the percentage that employees were responsible for covering.
In some contexts, this metric can serve as an indicator of whether the outcome being sought by an investor or organization is occurring (the WHAT dimension of impact). For more on the alignment of IRIS metrics to the five dimensions of impact, see IRIS+ and the Five Dimensions of Impact (https://iris.thegiin.org/document/iris-and-the-five-dimensions/). No single metric is sufficient to understand an impact; rather, metrics are selected as a set across all dimensions of impact. When possible, the selection of metrics to measure and describe the five dimensions should be based on best practice and evidence.

Impact Categories & Themes

Cross Category

Metrics identified as "cross-category" are those that are relevant to any IRIS+ Impact Category or Impact Theme (i.e., these metrics are not specific to any particular industry/category or theme).

SDG Goals & Targets

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