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 7:30 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

Read More

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

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.

Read More

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