ComplianceMnthlyRecap MH 5.16.22

Who Are You Benchmarking Your Health Plan Against?

Posted by: RJ Nelson    Jan 27, 2017 8:30:00 AM

benchmarking health plansMany employers benchmark their health plan against carrier provided national data. While that is a good place to start, regional cost averages vary, making it essential to benchmark both nationally and regionally—as well as state by state. For example, a significant difference exists between the cost to insure an employee in the Northeast versus the Central U.S.—plans in the Northeast continue to cost the most since they typically have lower deductibles, contain more state-mandated benefits, and feature higher in-network coinsurance, among other factors.

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Topics: health plan benchmarking, UBA Health Plan Survey, health plan costs

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

Posted by: RJ Nelson    Oct 20, 2016 9:30:00 AM

2016 UBA Health Plan SurveyOur 2016 Health Plan Survey results are in and as our preliminary findings indicated, while employer costs remained steady, employees continue to take on more cost for coverage. With PPO deductibles rising 50 percent, UBA finds that consumer-directed health plans (CDHPs) continue to increase in popularity even though they are offering less savings than a year ago. Our newly released 2016 Health Plan Survey Executive Summary 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, CDHPs, UBA Health Plan Survey, health plan costs, consumer-directed health plan

UBA Health Plan Survey: Plans Popular with Employers Aren’t Always Tops with Employees

Posted by: Bill Olson    Nov 19, 2015 11:00:00 AM

The UBA Health Plan Survey tracks plans offered by region as well as enrollment by region. From a prevalence perspective, preferred provider organization (PPO) plans are most prevalent in the Central U.S., though they generally dominate nationwide, except in the Northeast where consumer-directed health plans (CDHPs) are most prevalent.

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Topics: health plan benchmarking, UBA Health Plan Survey, health plan trends, health plan costs, health plan enrollment

2015 UBA Health Plan Survey: Preliminary Findings Are Out!

Posted by: Bill Olson    Sep 18, 2015 11:00:00 AM

UBA’s annual Health Plan Survey, the largest of its kind, provides data on 10,804 employers sponsoring 18,186 health plans. While the full findings will be released soon, preliminary data on average health plan costs, premiums, and contributions is now available.

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