United Benefit Advisors Insight and Analysis Blog

Build It and They Will Come? Group Health Plan Prevalence Doesn’t Always Drive Enrollment (Well, Except in CA)

Posted by: Bill Olson    Nov 9, 2017 2:32:41 PM

Though more expensive, PPOs still dominate the market overall in terms of plan distribution and employee enrollment. However, when you look regionally, PPO plans are most prevalent in the Central U.S., while CDHPs are most prevalent in the Northeast.

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Topics: health plan benchmarking, UBA Health Plan Survey

PPOs Dominate Despite Savings with HMOs and CDHPs

Posted by: Bill Olson    Nov 7, 2017 9:30:00 AM

The findings of our 2017 Health Plan Survey show a continuation of steady trends and some surprises. It’s no surprise, however, that costs continue to rise. The average annual health plan cost per employee for all plan types is $9,934, an increase from 2016, when the average cost was $9,727. There are significant cost differences when you look at the data by plan type.

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Topics: PPO, health plan cost trends, UBA Health Plan Survey, preferred provider organization

2017 Health Plan Survey Shows Sharp Rise in Group Healthcare Premiums

Posted by: Peter Weber, M.S., CAE    Oct 30, 2017 10:43:38 AM

I’m happy to report that this year’s UBA Health Plan survey achieved a milestone. For the first time, we surpassed 20,000 health plans entered—20,099 health plans to be exact, which were sponsored by 11,221 employers. What we were able to determine from all this data was that a tumultuous Presidential election likely encouraged many employers to stay the course and make only minor increases and decreases across the board while the future of the Patient Protection and Affordable Care Act (ACA) became clearer.

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

Court Remands Wellness Regulations to EEOC for Reconsideration

Posted by: Danielle Capilla    Sep 21, 2017 9:30:00 AM

On August 22, 2017, the United States District Court for the District of Columbia held that the U.S. Equal Employment Opportunity Commission (EEOC) failed to provide a reasoned explanation for its decision to adopt 30 percent incentive levels for employer-sponsored wellness programs under both the Americans with Disabilities Act (ADA) rules and Genetic Information Nondiscrimination Act (GINA) rules.

The court declined to vacate the EEOC's rules because of the significant disruptive effect it would have. However, the court remanded the rules to the EEOC for reconsideration.

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Topics: wellness, wellness incentives, UBA Health Plan Survey, employee benefit trends

Small Businesses Healthcare Competitive, But Faces Two Big Challenges

Posted by: Bill Olson    Aug 31, 2017 9:30:00 AM

We recently revealed how competitive small business health plans are when compared to national averages—and even how they are doing a better job of containing costs. But the UBA Health Plan Survey also uncovers two challenges these groups face in its new special report: “Small Businesses Keeping Pace with Nationwide Health Trends”.

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Topics: UBA Health Plan Survey, health care cost containment, employee benefit trends, small business healthcare

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

Posted by: Bill Olson    Aug 24, 2017 9:30:00 AM

Small employers, those with fewer than 100 employees, have a reputation for not offering health insurance benefits that are competitive with larger employers, but new survey data from UBA’s Health Plan Survey reveals they are keeping pace with the average employer and, in fact, doing a better job of containing costs.

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Topics: group health insurance, small business, UBA Health Plan Survey, health care cost containment, employee benefit trends

Government and Education Employers Offer Richest HSA Plans

Posted by: Bill Olson    Jul 27, 2017 9:30:00 AM

Across most industries, HSA contributions are, for the most part, down or unchanged from three years ago, according to UBA’s Health Plan Survey. The average employer contribution to an HSA is $474 for a single employee (down 3.5 percent from 2015 and 17.6 percent from five years ago) and $801 for a family (down 9.2 percent from last year and 13.7 percent from five years ago). Government and education employers are the only industries with average single contributions well above average and on the rise.

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Topics: health savings accounts, UBA Health Plan Survey, HSAs, employer-sponsored health insurance, health care benchmarking

Employer Strategies for Managing Prescription Drug Costs

Posted by: Mary Drueke-Collins, FSA    Jul 20, 2017 9:46:29 AM

Modern medicines have resulted in longer, more productive lives for many of us. Prescription drugs soothe sore muscles after a strenuous workout or manage the conditions of a chronic disease. Unfortunately, this use of prescriptions drugs can come with a hefty price tag.

Americans are spending more money on prescription drugs than ever before and the United States as a nation spends more per capita on prescription drugs than any other country. With the cost of some drugs exceeding thousands of dollars for a 30-day supply, this can translate into financial hardship for many Americans.

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Topics: UBA Health Plan Survey, health plan design, prescription drug cost, prescription drug copays, coinsurance

Small Employers Lead the Way in Funding HSAs

Posted by: Bill Olson    Jun 15, 2017 9:30:00 AM

The average employer contribution to an HSA is $474 for a single employee (down 3.5 percent from 2015 and 17.6 percent from five years ago) and $801 for a family (down 9.2 percent from last year and 13.7 percent from five years ago). There was a 26 percent increase in the number of individuals enrolled in HSAs, likely due to the increase in CDHP enrollment (which often have HSAs tied to them). Since 2013, there has been a 97.7 percent increase in enrollment, showing significant employer and employee interest in these plans over time.

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Topics: health plan benchmarking, employee benefits, health savings accounts, UBA Health Plan Survey, HSAs

2018 Amounts for HSAs; Retroactive Medicare Coverage Effect on Contributions

Posted by: Danielle Capilla    Jun 8, 2017 9:30:00 AM

IRS Releases 2018 Amounts for HSAs

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Topics: HDHPs, health savings accounts, UBA Health Plan Survey, HSAs, Medicare coverage