Benefit Insurance Services Announces Unprecedented Health Plan Survey

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Benefit Insurance Services, United Benefit Advisors (UBA) and Ingenix are embarking on an unprecedented health plan survey initiative which will provide invaluable benchmarks for employer-sponsored health plans based upon number of employees, industry, and region.

Benefit Insurance Services, one of Northern California’s leading independent insurance agencies, is embarking on an unprecedented survey initiative which will provide invaluable benchmarks for employer-sponsored health plans based upon number of employees, industry, and region. The survey is co-sponsored by United Benefit Advisors (UBA), an alliance of 125 of the nation’s premier independent benefit advisory firms, and Ingenix, a leading national health data, information, and research company.

“We believe this survey initiative will be unprecedented in terms of the number of companies participating,” said Dale Waters, President of Benefit Insurance Services. “Other surveys have delivered marginally useful data due to traditionally small sample sizes ranging from a few hundred to less than 4,000 total responses nationally. In order to provide employers with truly actionable benchmarks, we are using our national scope to generate the largest health plan design and plan cost database in the industry.”

The broad goal of the survey initiative is to provide the nation’s employers with a single source of annual surveys to address their most critical benefits benchmarking needs. The resulting savings in employer time from participating in a single set of surveys, as well as the improved benchmark data and drill-down capability inherent in a much larger database, will allow employers to significantly improve their strategic intelligence in this critical area of their business.

The web-based survey is easy to understand and there is no cost for employers to participate. All survey answers are confidential. Each respondent will also receive a complimentary electronic synopsis of key survey findings. To be included in the 2005 survey results, responses must be submitted prior to June 10.

To complete the survey, go to the Benefit Insurance Services website at (http://www.benefit-insurance.com/survey) and click the 2005 UBA/Ingenix Health Plan Survey link.

About Benefit Insurance Services

Founded in 1979, Benefit Insurance Services, is headquartered in Sacramento, Calif. The company is one of Northern California’s leading independent insurance agencies, specializing in providing employee benefits programs, financial and human resource management services to business clients in a wide variety of industries. (http://www.benefit-insurance.com)

About United Benefit Advisors (UBA)    

UBA, (http://www.benefits.com), is an alliance of the nation’s premier independent benefit advisory firms. It is a community of peers - learning, sharing, and focusing on issues unique to successful independent advisors. Working collaboratively with other top independent benefits firms, UBA members are better positioned to help employers and employees respond more efficiently and effectively to the challenges of an ever-changing employee benefits marketplace.

About Ingenix    

One of the industry's leading health information companies, Ingenix provides products and services to a diverse customer base within the health care community. Organizations rely on our innovative technology to improve the delivery and operations of their business. For additional information about Ingenix and its products and services, call 800 INGENIX (800-464-3649) or visit http://www.ingenix.com

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