United Benefit Advisors News and Press Releases

UBA: Small Businesses See Big Hikes in Health Plan Costs

Posted by: Bill Olson    April 7, 2016 at 6:00 AM

New Survey Data Reveals Health Plan Costs, Options by State and Industry

Health insurance premium renewal rates increased an average of 6.2 percent for all plans in 2015, up from the previous year’s 5.6 percent increase, according to new survey data released from United Benefit Advisors (UBA), the nation’s leading independent employee benefits advisory organization. Small businesses with fewer than 25 employees, which account for five million U.S. employers, were hit the hardest, finds UBA.

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Topics: health insurance premiums, health plan benchmarking, health plan cost trends, UBA Health Plan Survey

New Private, National Health Insurance Exchange Targets Small Group Employers

Posted by: Bill Olson    November 5, 2013 at 6:00 AM

Offered Exclusively through United Benefit Advisors Partner Firms, benefitbay™ is a First-of-Its Kind, Defined-Contribution Solution Serving the Small Business Market

Indianapolis, Ind., [Nov. 5, 2013] - United Benefit Advisors, the nation’s leading independent employee benefits organization, today announced the launch of benefitbay™, the second private exchange solution offered through UBA’s Exchange Marketplace. benefitbay™ is an online platform that allows employers with 50 or fewer employees – which account for 96 percent of all U.S. businesses -- to offer their workers the advantages of large group medical and ancillary insurance benefits with a wide choice of carriers, while allowing subsidy-eligible employees to go to government exchanges. Employers benefit from fixed costs, known as defined contributions, by choosing how much they will contribute­ -- a strategy gaining popularity for its ability to control benefits expenses through fixed costs.

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Topics: ancillary benefits, health care costs, health insurance, health insurance exchanges, ACA, health insurance premiums, employee benefits, health care reform, PPACA

UBA 2013 Health Plan Survey Shows Major Differences in Health Benefits Across U.S. Regions

Posted by: Bill Olson    October 17, 2013 at 6:00 AM

Survey Results Illustrate Value of Benchmarking for Competitive Advantage, Savings

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Topics: health plan survey, health care costs, health insurance, ACA, health insurance premiums, health plan benchmarking, UBA 2013 Health Plan Survey, employee benefits, health care reform, health care