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.
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.
Organizations should footnote all assumptions used, including source of data. See usage guidance for further information.
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.
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).
June 2022 - IRIS v5.3 Released (current version)
Immaterial change. Minor revisions to definition and usage guidance for clarity.
January 2020 - IRIS v5.1 Released
No change.
May 2019 - IRIS v5.0 Released
No change.
March 2016 - IRIS v4.0 Released
No change.
March 2014 - IRIS v3.0 Released
Immaterial change. Minor revision to definition language for clarity.
November 2011 - IRIS v2.2 Released
No change.
February 2011 - IRIS v2.1 Released
No change.
September 2010 - IRIS v2.0 Released
Immaterial change. IRIS ID changed due to framework upgrade. Minor revision to definition language for clarity.
September 2009 - IRIS v1.0 Released
New metric. Healthcare Premium Covered (OE11.2) was developed via the Original IRIS Working Group.