STOP MANAGING
YOUR HEALTH PLAN
IN THE DARK
Employers can feel as if they’re shooting in the dark as they evaluate their health plan design, manage rising costs, and prepare for the future of healthcare. We have the solution! Innovation Benefit Planning, in conjunction with United Benefit Advisors, conducts annually the nation’s largest and most comprehensive benchmarking survey of plan design and cost.
Why
Benchmark?
Bragging Rights
Knowing how you compare to your peers allows you to be competitive with recruiting and retaining the best employees.
Renewal Planning
Benchmarking allows you to accurately evaluate your health plan to make data-driven decisions during renewal planning.
Control Cost
See how your health plan costs compare to other companies in your industry. If your costs are not in line, you may want to consider cost containment strategies.
- 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?
