Innovative Launches New Online Health Plan Benchmarking Tool
Benchmarking is more important than ever. Knowing how your health plan compare to your peers allows you to be competitive in recruiting and retaining the best employees, assist with making data-driven decisions during renewal planning, and see how your health plan costs compare to other companies in your industry. Imagine going into your renewal armed with these facts!
With that being said, Innovative is excited to launch our new, online, exclusive health plan benchmarking tool for mid-size employers. Often employers feel as if they are shooting in the dark when it comes to evaluating your health plan design, manage rising costs, and prepare for the future of healthcare. Innovative, in conjunction with United Benefit Advisors, conducts annually the nation’s largest and most comprehensive benchmarking survey of plan design and cost. To help employers see the target, we have taking this data and created a convenient, easy-to-use online tool that in just a few minutes, allows you to compare if your health plan is better or worse than the national average.
End your search for answers by benchmarking your health plan against the national average. Our new tool allows you to take a sneak peek to the most frequently asked data points. At the end of the report, you can request a full health plan analysis to get granular data on your state, region and industry.
About UBA Health Plan Survey
Since 2005, United Benefit Advisors® (UBA) has surveyed and advised thousands of employers across the nation regarding their health plan offerings, their ongoing plan decisions in the face of significant legislative and marketplace changes, and the impact of these changes on their employees and businesses. Based on responses from 11,788 employers sponsoring 21,980 health plans covering more than 1 million employees nationwide, the UBA Health Plan Survey is the nation’s largest proprietary health plan benchmarking survey and it provides more accurate plan cost and design data than any other source.