cost control
August 20, 2019
Dependent Coverage | 2018 UBA Health Plan Survey Trends
Dependent enrollment increased significantly, by 35.2%, from 44.3% in 2017 to 59.9% in 2018. This was a reverse of the trend seen in previous years of decreased dependent enrollment. This could signal a trend to watch, as individual or Marketplace premiums rise quickly with the sunset of the ...
August 13, 2019
Deductible Costs | 2018 UBA Health Plan Survey Trends
Following initial assessments, median in-network deductibles for single coverage remained steady across all plans for 2018 at $2,000, although median in-network PPO deductibles increased from $1,500 in 2017 to $2,000 in 2018. The overall median out-of-network deductibles for single coverage saw ...
August 6, 2019
Enrollment by Plan Type by Region | 2018 UBA Health Plan Survey Trends
PPO plans have the greatest enrollment in the Central U.S. (beating out the West region from 2017, which saw a surprising shift by employees to CDHP plans this year). The Northeast continues to have the lowest enrollment in PPO plans. After several years of decreases, HMO enrollment is on the ...
July 16, 2019
Plan Type by Region | 2018 UBA Health Plan Survey Trends
When looking at plans by region, PPO plans are most prevalent in the Central U.S., however they generally dominate nationwide, except in the Northeast where CDHPs are most prevalent. As a member of United Benefit Advisors, we can provide you with data from the nation’s most comprehensive ...
July 9, 2019
Costs by Organization Size | 2018 UBA Health Plan Survey Trends
Generally, larger groups (those with 200 to 1,000+ employees) pay more than average per employee due to more generous benefit levels. Despite these employers’ ability to negotiate better rates (and the fact that, unlike small groups, they are not required to comply with age and community ...
June 17, 2019
Costs by Industry | 2018 UBA Health Plan Survey Trends
The government/education/utilities sector has the priciest plans, at $11,943 per employee, virtually unchanged from last year. Total costs per employee for the construction/agriculture, retail, hospitality, and health care sectors are all lower than average, making employees in these industries ...
June 10, 2019
Costs by Region | 2018 UBA Health Plan Survey Trends
Overall costs per employee rose 3.8%, from $9,934 in 2017 to $10,313 in 2018 (compared to the 2.1% increase from $9,727 in 2016 to the 2017 cost). Regional cost averages vary even more significantly, making it essential to benchmark both nationally and regionally. For example, a significant ...
June 3, 2019
Health Plan Costs and Premium Increases | 2018 UBA Health Plan Survey Trends
Average health plan costs continue to rise, with 2018 premium increases at the highest level in the last decade. The average initial or proposed rate increase reported for 2018 was 13.9%, with final rate increases averaging 9.8% after negotiation. Initial analysis indicates that employees bore ...
April 1, 2018
Self-Funded Plans
Ever since the Affordable Care Act (ACA) was enacted eight years ago, many employers have examined and re-examined employee benefits in an effort to manage costs, navigate changing regulations, and expand their plan options. It’s important to find a solution that both benefits the employee and ...
