Insurance & Benefits Survey Data Out

Posted: Sep 19, 2016

EANE's annual Insurance & Benefits survey is designed to provide members with updated benchmark data, which is essential to maintaining competitive benefits in your workplace. Findings from the survey conducted during the summer with over 175 member-companies participating from Connecticut, Massachusetts and Rhode Island are in. Full data has been provided to participating member-companies; it is often used as a guide as companies prepare for open enrollment and budgeting for 2017.The survey posed questions covering the cost of health insurance, coverage, eligibility and complying with the Affordable Care Act (ACA).

Significant findings include:

 EANE's regional findings are in alignment with national trends when it comes to cost of health insurance plans;

 employers are maintaining the line on what portion of the health insurance premium they are willing to pay despite an overall rise in health insurance premiums;

 insurance deductibles continue to rise in most health insurance plans;

 High Deductible Health Plans (HDHP) continue to be a focal point for 2017 benefit planning as 68% of respondents are considering them in 2017; and

 long-term care benefits are more in demand as they are being offered by three-quarters of survey respondents.

See full summary and learn more here.