How will you measure up? The results of the 2018 UBA Health Plan Survey are out:

How Legitimate is the Survey Data?

The UBA Health Plan Survey analyzes data from over 8,000 employers sponsoring over 14,000 plans nationwide – to give you the most highly detailed benchmarks and trends available.

Data covers the nation’s employers, not just covered employees. This information can then be compared by state, region, or nationally – and by industry and company size. Results are categorized by:

  • Plan design types
  • Premium costs
  • Employer vs. employee costs
  • Benefit design elements

These outcomes can be directly applied to the small to midsize companies that comprise 98% of the nation’s 5 million-plus employers, as well as to larger employees.

A customized analysis will compare your benefits plan to those of similarly sized employers within your industry on the local, national, and regional levels. This data allows us to make recommendations on cost-containment strategies and ideas as well as map competitive strategies supported by detailed insights.

See How You Compare - Take the 2019 Survey
  • Compare just about every feature of the benefits, from employee contributions, both as a dollar amount and as a percentage of the overall premium, to total out-of-pocket cost per employee or per family.
  • Get into details of the plan regarding deductibles, co-pays, out-of-pocket maximums and so on.
  • Evaluate how your company stacks up relative to your peer companies.
  • Your company may have a specific strategy around benefit levels and can use the benchmarks to determine if you are meeting this strategy.
  • Can tell you where you are out of line with competitors in terms of costs or benefit coverage, or if you’re not offering a benefit that is now common.
  • Help to guide employers by retracting and retaining top talent, maximizing plan designs for financial gain and helping you stay ahead of the competition.

Benchmarking is comparing the benefits your company offers employees to those of like employers in similar industries, geographic regions and of similar size.

Simply put, benefits benchmarking means finding out how your benefits offerings compare to those of other employers in your industry or in similar industries. In more specific terms, benefits benchmarking takes a look at total costs, cost-sharing measures, plan-designs, voluntary offerings and workers’ compensation as they relate to employee benefits.

What Are the Benefits to Benchmarking?
  • Impact from employers delaying their health plan renewal dates
  • Breakdown of employer health plan metal levels
  • Trends in types of health plans offered
  • FSA increases relative to employer size
  • Multi-tiered health plan choices
  • Costs and renewal rate increases by plan type
  • Prescription drug plans
  • Comparisons by region, employer size and industry
Review the Key Findings

Did You Know?

Nearly 79% of employees would prefer new or additional benefits to a pay increase.

From wellness programs to tuition reimbursement, the percentages of employees who would value better benefits and perks than a pay raise speak for themselves.

These statistics from a recent survey show the importance that benefits can carry:

  • Healthcare insurance: 40%
  • Vacation/Paid time off: 37%
  • Performance bonus: 35%
  • Paid sick days: 32%
  • 401(k) plan, retirement plan and/or pension: 31%
  • Flexible schedule: 30%
  • Office perks: 19%
  • Employee development programs: 19%
  • Tuition reimbursement: 18%
  • Employee discounts: 17%
  • Gym membership or wellness programs: 16%
  • Stock, stock options and/or equity: 16%
  • Paid parental leave: 13%
  • Childcare assistance: 13%
  • Commuter assistance: 9%
  • Diversity program: 3%