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HORAN Introduces Data from Nation’s Largest Health Plan Survey
Date:12/5/2013

Cincinnati, Ohio (PRWEB) December 05, 2013

HORAN, a leading advisor in employee benefits and financial services, announces national health care costs continue to increase for both plan sponsors and their employees, according to the 2013 Health Plan Survey conducted by its national partner, United Benefit Advisors (UBA), the nation's largest independent benefits advisory organization.

The 2013 UBA Health Plan Survey provides the best source of data for area employers to benchmark their health plan based upon plan type, region, state, number of employees and industry category. This unparal¬leled number of reported plans studied is nearly three 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 to manage health care benefit programs than any other source.

As the only UBA firm in the region, HORAN has exclusive access to the survey data and can provide employers with a free, local benefits benchmarking report which illustrates more granular and accurate data.

“As health care plan offerings and the federal regulatory environment become more complex, benchmarking data such as the 2013 UBA Health Plan Survey have become increasingly critical for employers looking to effectively manage their health care benefit programs,” said Valerie Bogdan-Powers, HORAN Vice President of Employee Benefits Services. “Providing an attractive, competitive and cost-effective health plan is criti¬cally important to local employers. In order to provide such a plan, understanding how your health plan compares to other similar companies is crucial.”

One noticeable trend from this year’s survey is an increase from 2012 in the percentage of consumer driven health plans (CDHPs) offered in the
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