United Benefit Advisors News and Press Releases

Employer Premiums Rise Nearly 7% in 2017; Employees Absorb More of the Health Insurance Cost

Posted by: Geoff Mukhtar    October 26, 2017 at 8:30 AM

Increased prescription drug costs for employees with 5- and 6-tier plans; increased out-of-network deductibles and out-of-pocket maximums, especially for singles; self-funding on the rise

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Topics: UBA Health Plan Survey, prescription drug cost, UBA Health Plan Survey Executive Summary, health care cost containment

Survey: Small Businesses Keeping Pace with Health Benefits Offered by Employers Nationwide

Posted by: Bill Olson    August 22, 2017 at 8:30 AM

Small employers, those with less than 100 employees, have a reputation for not offering health insurance benefits that are competitive with larger employers, but new survey data from United Benefit Advisors reveals they are keeping pace with the average employer and, in fact, doing a better job of containing costs. According to UBA’s new special report “Small Businesses Keeping Pace with Nationwide Health Trends,” based on the most recent UBA Health Plan Survey, employees across all plan types pay an average of $3,378 toward annual health insurance benefits, with their employer picking up the rest of the total cost of $9,727. Among small groups, employees pay $3,557, with their employer picking up the balance of $9,474—only a 5.3 percent difference, finds UBA.

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Topics: group health insurance, small business, UBA Health Plan Survey, health insurance trends

UBA Special Report: How Health Savings Accounts Measure Up

Posted by: Bill Olson    May 11, 2017 at 9:36 AM

Employers see opportunity to drive HSA enrollment despite making modest contributions to plans

United Benefit Advisors, the nation’s leading independent employee benefits advisory organization, finds that employers continue to seek health care cost savings through consumer-driven health plans (CDHPs) with health savings accounts (HSAs), and the less popular health reimbursement arrangements (HRAs). In a new Special Report: How Health Savings Accounts Measure Up, UBA takes a deeper look into which aspects of these accounts are most successful, and least successful, broken down by industry, employer size, and region.

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Topics: health savings accounts, HSA, UBA Health Plan Survey, health care cost containment

UBA Health Plan Survey: Best and Worst States for Group Health Insurance

Posted by: Geoff Mukhtar    January 26, 2017 at 9:30 AM

United Benefit Advisors Announces Top 5 Best and Worst States for Group Health Care Costs

Employer-sponsored health insurance is greatly affected by geographic region, industry, and employer size. While some cost trends have been fairly consistent since the Patient Protection and Affordable Care Act (ACA) was put in place, United Benefit Advisors (UBA) finds several surprises in their 2016 Health Plan Survey.

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Topics: health care costs, Group health plans, Les McPhearson, UBA Health Plan Survey, employer-sponsored health insurance, health care benchmarking, industry benefit cost trends

Annual Survey Finds Enrollment in Consumer-Directed Health Plans Jumps 22 Percent Despite Increase in Plan Costs

Posted by: Bill Olson    October 19, 2016 at 12:12 PM

Among employer-sponsored health insurance plans, consumer-directed health plans (CDHPs) continue to increase in popularity even though they are offering less savings than a year ago, according to the 2016 Health Plan Survey from United Benefit Advisors (UBA), the nation’s largest independent survey of employer-sponsored benefits. UBA finds 26.4 percent of all U.S. employees are now enrolled in CDHP plans, an increase of 21.7 percent from last year and nearly 70 percent from five years ago.

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Topics: health plan benchmarking, Les McPhearson, UBA Health Plan Survey, UBA Health Plan Survey Executive Summary, health care trends, consumer-directed health plan