United Benefit Advisors News and Press Releases

Survey: Generic Drugs and Multi-Tiers Dominate Employer Sponsored Drug Plans

Posted by: Geoff Mukhtar    June 27, 2016 at 7:00 AM

United Benefit Advisors Releases New Special Report, “Trends in Prescription Drug Benefits”

Almost half (48.9 percent) of employer-sponsored prescription drug plans in America utilize three tiers, and 44.1 percent offer four or more, an increase of 34 percent from 2014 to 2015 and a 58 percent increase since 2013, according to the Special Report: Trends in Prescription Drug Benefits, from United Benefit Advisors (UBA), the nation’s leading independent employee benefits advisory organization. The report is based on data from the latest UBA Health Plan Survey of more than 10,000 employer-sponsored health plans.

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Topics: ACA, Les McPhearson, UBA Health Plan Survey, Affordable Care Act, multi-tier pharmacy benefits, prescription drug plans, prescription drug cost, Scott Deru

Three out of Four U.S. Employers To Be Hit with Cadillac Tax by 2022

Posted by: Bill Olson    December 9, 2015 at 8:00 AM

Even Bronze-Level Plans Subject to Excise Tax, Finds UBA Survey

Many employers falsely assume that the Cadillac tax will apply only to the richest plans. However, newly release data from the 2015 UBA Health Plan Survey shows that even the lowest quality “Bronze-level” health insurance plans on the Affordable Care Act (ACA) exchanges are at risk of triggering the tax, potentially affecting 74 percent of employers by 2022.

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Topics: ACA, PPACA, Carol Taylor, Les McPhearson, Cadillac Tax, UBA Health Plan Survey, PPACA fees

New Survey To Provide Essential Benchmarks For Employers Coping With Health Care Reform Compliance And Cost Management Decisions

Posted by: Bill Olson    February 18, 2014 at 5:00 AM

Employers Who Complete the Survey by March 4, 2014 Receive an Exclusive Complimentary Report

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Topics: ACA, employee benefits, health care reform, PPACA, benefit communication, benefit consultants, benefit management, group health insurance, insurance solutions, UBA Benefit Opinions Survey

Exploring “Play or Pay”: Businesses Still Unprepared for PPACA

Posted by: Bill Olson    January 22, 2014 at 9:33 AM

UBA Evaluates the Ensuing Financial, Legal, and Competitive Implications Facing Businesses As They Prepare For Implementation of the Patient Protection and Affordable Care Act

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Topics: health insurance exchanges, ACA, private insurance exchange, employee wellness, PPACA, benefit communication, benefit consultants, benefit management, compliance with health care reform, employee health, group health insurance, healthcare consumerism, health plan compliance, health reimbursement account, insurance solutions, medical plan, self funded health plans, HRA administration

UBA Survey: Public Employer Annual Health Plan Costs Increases at Double the Rate of Private Sector in 2013

Posted by: Bill Olson    December 18, 2013 at 5:00 AM

Public Employers Pay Three Times More Toward Employee Benefits Than Do Private Employers. Survey Results Show Public Shifts And Controls Health Care Costs Less Than Private Sector ­-- Taxpayers Hit Hardest

Indianapolis, Ind., [Dec. 18, 2013] -- United Benefit Advisor’s 2013 Health Plan Survey, the nation’s largest independent health plan benchmarking survey, reveals that while private sector employees are absorbing more costs for their own health care, facing high ­deductibles and huge out-of-pocket cost increases in recent years, they are also bearing more as taxpayers by assuming a higher percentage of costs for employees who work in the public sector.

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Topics: ACA, employee benefits