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Largest Health Plan Survey Cites Key Trends for National and Massachusetts Employer Health Plans

Posted: September 7, 2012 at 2:21 pm


In spite of the passage of health care reform legislation, health care costs will continue to increase for both plan sponsors and their employees, according to EBS Capstone, a Massachusetts based Member Firm of United Benefit Advisors (UBA), the nation's largest independent benefits advisory organization. Preliminary results released by UBA from its 2012 UBA Health Plan Survey with 17,905 plans from 11,711 employers -- and the only one of its kind to offer local benefits benchmarking capabilities -- show some startling trends in employer health plans.

One trend that stands out in this years survey shows that employer sponsored health plans experienced an increase of 5% compared to 8.2% last year. In addition, more PPO, Consumer Directed Health Plans (CDHP) and HMO plans required and/or increased employee deductibles in 2012. This trend towards cost shifting to employees continues.

Other key National and Massachusetts statistics from this years survey results:

As health care plan offerings and the federal regulatory environment become more complex, benchmarking data such as the 2012 UBA Health Plan Survey have become increasingly critical for employers looking to manage their health care benefit programs effectively.

The intent of the survey is to provide employers of all sizes with the data they need to manage their health care benefit programs effectively, says Tom McCormick, Senior Partner, EBS Capstone. Large employers will find the UBA Health Plan Survey provides more participants and data in their category than other industry survey. And for employers with fewer than 1,000 employees (which represents more than 99% of the employers in the U.S.) and for employers who have operations in multiple locations, this survey is the only source of reliable regional and in many cases, state health plan benchmarks by size and industry.

EBS Capstone can provide employers with a benchmarking report for their region, industry and size, so businesses can determine which types of plans are most popular in their area, which plans are being phased out, average employee costs and participation, and highly relevant pieces of information that can help them negotiate their rates and communicate their plan advantages to employees.

With more Member Firms located in virtually all US markets, UBA uniquely provides employers of all sizes the data they need to remain competitive in their local markets. The 2012 UBA Health Plan Survey wont be available to the public until Nov. 1. Employers can get inside access to the hundreds of thousands of pages of granular state, regional and industry data through a benchmarking report offered by EBS Capstone.

ABOUT THE 2012 UBA HEALTH PLAN SURVEY With responses from 17,905 health plans sponsored by 11,711 employers nationwide, the 2012 UBA Health Plan Survey is the nations largest and most comprehensive survey of plan design and plan cost benchmarks. As the largest survey of its kind, the UBA Health Plan Survey defines benchmarks by a greater number of specific industries, regions and employer size categories than is available from any other resource. The 2011 UBA Benefit Opinions Survey (which delineates employers' positions and opinions on Health Care Strategy, Health Benefits Philosophy and Opinion, Health Plan Management, Personal Health Management, Employee Communication, and Scope of Benefits Offered) serves as a companion piece to the 2012 UBA Health Plan Survey.

ABOUT EBS CAPSTONE EBS Capstone is a full-service insurance advisor, providing employee benefits, property & casualty and retirement planning solutions. Whether your company is emerging or established, we are committed to providing you with superior customer service, innovative solutions and strategic advice to help you achieve your business goals. What makes us different is our partner-driven approach, dedicated team of experts who focus on critical disciplines and service areas and continuous investment in resources and technology.

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Largest Health Plan Survey Cites Key Trends for National and Massachusetts Employer Health Plans

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