How Legitimate is the UBA Survey Data?



How Legitimate is The Survey Data?

The UBA Health Plan Survey analyzes data from over 11,000 employers sponsoring over 20,000 health plans nationwide – to give you the most highly detailed benchmarks and trends available. The numbers are in for this year and 20,099 surveys were turned in!

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.

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%

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, benchmarking benefits looks at total costs, cost-sharing measures, plan-designs, voluntary offerings, and workers’ compensation to provide valuable insights to effectively map out your benefit strategy.
  • Compare features of your plan’s benefits, from employee contributions to total out-of-pocket cost per employee or per family.
  • Explore details of the plan regarding deductibles, co-pays, out-of-pocket maximums and more.
  • Evaluate how your company’s offerings stack up relative to your peer companies.
  • Help determine if you are meeting or exceeding the goals of your benefits strategy.
  • See how you compare to competitors in terms of costs or benefit coverage, or benefit offering.
  • Help to guide employers by indicating the areas where improvement could help to better attract and retain top talent, maximize plan designs for financial gain, and stay ahead of the competition.
  • lmpact 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

Want to Participate in the 2018 UBA Health Plan Survey?

Sign Up Now!