Contraceptive Benefits
What are Contraceptives?
Contraceptives are medications, devices and products that prevent pregnancy. In addition to preventing pregnancy, many women use hormone-based contraceptives to manage menstrual side-effects.
Did You Know?
98 percent of sexually-active women in the US have used contraceptives over their lifetimes and 65 percent of women of reproductive age currently use contraceptives regularly.
Attract Top Talent
More than half of workers say they’ll choose a job opportunity that offers full reproductive health coverage - including comprehensive contraceptive coverage - over a job with less comprehensive coverage.
90% of Millennials and Gen Z workers say that access to reproductive health benefits is an important consideration when evaluating a job opportunity.
Over 70% of Americans believe insurers should cover the full cost of contraceptives.
Workforce Retention and Improved Productivity
86% of women say that being able to control if and when to become a parent has been important to their career path.
Contraceptive coverage helps employers avoid lost productivity associated with unintended pregnancies.
By reducing the number of unintended pregnancies, contraceptive coverage also reduces time away from work and improves employees’ overall health as a result.
Financial Impact of Contraceptive Coverage
Contraceptives coverage for all plan members amounts to less than 1% of the total amount that a healthcare plan costs and estimates show it saves employers 15-17 percent in health care expenses.
Over a 5 year period, employers were projected to save between $9,000 - $14,000 in health expenses by covering contraceptives.
