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