The nation’s largest employee benefits benchmarking survey based on responses from 11,221 employers sponsoring 20,099 health plans nationwide.
The 2017 UBA Health Plan Survey results reveal noteworthy trends and developments that bear scrutiny and the ongoing attention of employers interested in benchmarking their plans against the competition and making the most informed health care plan decisions possible.
A 2017 UBA Health Plan Survey Executive Summary is available and includes:
- Trends in types of health plans offered
- Breakdown of employer health plan metal levels
- CDHP increases and prevalence by region
- Grandmothered and Grandfathered plan trends
- Multi-tiered health plan choices
- Costs and renewal rate increases by plan type
- Prescription drug plans and new trends
- Comparisons by region, employer size, and industry
Comprehensive Health Plan Topics: The survey contains information on a wide range of health plan-related topics, including high-deductible health plans, health savings accounts (HSAs), health reimbursement accounts (HRAs), employee consumerism, wellness programs, chronic disease management programs and more.
Have All the Facts: Benchmarking data from the UBA Health Plan Survey can help you gauge a wide range of factors regarding your health plan offerings, such as:
- Are company premiums above or below the norm?
- Are the levels of contributions you require your employees to pay in line with your competitors?
- Are co-pays, deductibles, coinsurance, and out-of-pocket maximums for your plans in line with averages for your geography, industry, and size?
- How do your annual premium increases compare with other employers in your area?
- How do your prescription drug benefits compare?
- Are you in step with the cost-containment strategies being implemented successfully by other companies in your industry?
By using this data, we can help more accurately evaluate costs, contrast the current benefit plan’s effectiveness against competitors’ plans and adjust accordingly. This information enables employers to compare their plans with those of similar employers based on type of industry, number of covered employees, or location. The results are of tremendous value in helping evaluate the effectiveness of your current plans and to knowledgeably make future adjustments to keep their benefits both competitive and cost-effective. The end result will give you a distinct competitive edge in recruiting and retaining a superior workforce.