This unparalleled number of reported plans studied is 2.9 times larger than the next two of the nation's largest health plan benchmarking surveys combined. The resulting volume of data provides employers of all sizes (other surveys primarily target large employers) more detailed — and therefore more meaningful — benchmarks and trends than any other source to manage health care benefit programs.
"The intent of the survey is to provide employers of all sizes with the data they need to determine which types of plans are most popular in their area and those being phased out, average employee costs and participation, how their plans compare against competitors' plans, relevant information to negotiate their rates and communicate plan advantages to their employees," said Bogdan-Powers.
HORAN has a multi-disciplinary team dedicated to advising employers on all aspects of health benefits. The 2012 UBA Health Plan Survey as well as additional publications, compliance alerts, webinars and seminars will continue to be provided to give further guidance to clients as a part of HORAN's commitment to educate on best practice benefits strategies to support business objectives.
For more than 60 years, HORAN has served as a trusted advisor and thorough planner in the areas of life insurance for estate and business planning, employee benefits consulting and wealth management.Headquartered in Cincinnati, Ohio, and serving both corporate and individual clients in 40 states, HORAN has a strong regional presence with a national footprint. We bring the best services, resources and value to our clients through premier national partnerships with M Financial Group, United Benefit Advisors and Retirement Planning Advisory Group.Our integrity, commitment to excellence and industry knowledge are foundations upon which HORAN has built a reputation for delivering high quality products and services. Visit horanassoc.com to learn more.
About United Benefit Advisors
United Benefit Advisors is a member-owned alliance of more than 140 premier independent benefit advisory firms with more than 200 offices throughout the U.S, Canada and the U.K., and is the nation's largest independent benefits advisory organization. As trusted and knowledgeable advisors, UBA Members collaborate with more than 2,200 professionals to seek out ideas, insight, expertise and best-in-class solutions that positively impact employers and make a real difference in the lives of their employees and families. Employers, advisors and industry-related organizations interested in obtaining powerful results from the shared UBA wisdom should visit this region's UBA firm, HORAN, online at horanassoc.com
Contact Emily Frizzi