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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.
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?
Wanna take a peek to see how
your company compares?
In just 3 minutes, get instant results against the national average of health plan offerings.
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