Back Button
Menu Button

Coming Soon! 2014 Iowa Employer Benefits Study©

David P. Lind BenchmarkWe are very pleased that 1,002 Iowa employers have responded to our 2014 Iowa Employer Benefits Study©! This number met our goal of having 1,000 organizations participate in our 16th annual survey. The results of this study will be available in early-to-mid September.

To put this response into meaningful perspective, the 2013 Kaiser/HRET Employer Health Benefits Survey, a highly-regarded national survey, reported 592 respondents in the Midwest Region that consists of 12 states (including Iowa). In other words, our survey has 69 percent more respondents — in just ONE state! This means that we are able to accurately report the specific benefits offered by Iowa employers using extremely credible data.

As we prepare to release our 16th Study, here are a few things to keep in mind:

  • The Overall Summary of the 2014 Iowa Employer Benefits Study© will be available for download from our website. As with our 2013 survey, printed studies will no longer be available.
  • Employers who participated in the 2014 Survey will be sent an invitation in September to download this report using a specific pass code.
  • Employers who did not participate in the 2014 Survey will be able to download this Overall Summary for a small fee.

We will also be updating our innovative benchmarking tool, allowing employers to compare their specific benefit offerings with other Iowa employers. Lindex-Online® was developed with simplicity and intuitiveness in mind. In addition to learning how your benefits package compares with other Iowa organizations (using many criteria such as employer size, industry and location), employers will now be able to learn their individual Lindex® score and how their total benefits package compares to Iowa norms. There are some very sophisticated aspects about this benchmark program that will be extremely helpful to employers of all size and industry!

Please continue to visit our website to learn when our 2014 Iowa Employer Benefits Study© is available for download and when our Lindex-Online® tool has been updated with fresh 2014 survey data.

An easy way to stay informed is to subscribe to this blog.

16 Candles

Sixteenth Iowa Employer Benefits StudyWe have just launched our annual Iowa Employer Benefits Study©. As with all previous studies, I’m looking forward to this year’s survey for the following important reasons:

• This will be the 16th Study conducted since we started this particular survey in 1999. Though I would never compare this ‘baby’ to my two beautiful daughters, it sure has evolved considerably since inception!

• Two new modules of questions will be added in this year’s survey.

1.   Affordable Care Act (ACA) – This module will address whether Iowa employers are using healthcare exchanges (marketplaces) — either public or private. If not, we’ll determine whether they plan to offer health coverage through some type of marketplace in the future. We will also find out whether employers are using a Defined Contribution approach for health coverage or offering it as part of a cafeteria plan.

Along with many other ACA-related questions, we will learn whether employers plan to:

  • Add a spousal surcharge
  • Require an employee’s spouse to get coverage through their own employer
  • Adopt a value-based insurance design for health coverage
  • Offer tiered-provider networks to promote high-value providers
  • Eliminate health coverage for all employees
  • Eliminate health coverage for part-time employees
  • Institute a wellness program
  • Add wellness rewards or penalties

2.   In our 2013 Study, we asked Iowa employers to rate hospitals and physicians on 11 performance indicators using a 10-point scale. In addition, employers were asked to rate how much they ‘trust’ hospitals and physicians. In this year’s survey, we are going one step further. We are inviting employers to rate which of the 12 performance indicators are most important to them. From this, we will prioritize which of the 12 indicators are most important from the employer perspective.

As with the past 15 Studies, we will continue to ask our core questions about the benefit components being offered by Iowa employers. New information gained from this survey will be reflected in our Lindex Online Iowa Benefits Benchmarking tool. The 2014 results should be available in late August/early September. As always, our intent is to keep our annual Study both fresh and relevant within the changing world of employee benefits.

If your organization is randomly selected to participate in this year’s Study, we highly encourage you to share in our celebration by participating in this important survey. 

I always take great delight in adding yet another candle to our cake!

To learn more, we invite you to subscribe to our blog.

New 2013 Lindex® Scores!

2013-Lindex-400-2We’ve just released the new Lindex® scores based on our 2013 Iowa Employer Benefits Study©. Introduced last year, the Lindex is an innovative tool that allows Iowa employers to distill voluminous and complicated benefits data into one relevant number.

An organization’s Lindex score will help Iowa employers:

  • Determine the competitiveness of their benefits package.
  • Attract and retain a high quality workforce.
  • Decide whether benefit changes are required to keep your employee benefits competitive.

The Lindex is a composite score used as a reference when determining the quality of benefits offered by Iowa organizations. This index is the result of a sophisticated calculation based on the benefits data submitted by 1,054 Iowa organizations from the latest 2013 Iowa Employer Benefits Study©.

Calculated once a year, the Lindex ranges from 0 to 100, with low scores reflecting fewer benefits offered at a higher cost to employees, while higher scores indicate more benefits being offered at a competitive cost.

In 2013, the overall Lindex score for Iowa employers (regardless of employer size and industry) was 72. Last year’s overall Lindex score was 73. The Lindex score will vary based on the employer size and industry. For example, employers with fewer than 10 employees have a Lindex score of 58, while employers with at least 1,000 employees averaged 88. Employers in the retail industry averaged 59, while employers in public education averaged 81.

Below is a summary of the Lindex scores based on organization size:

2013 Lindex Organization

Below is a summary of the Lindex scores based on industry:

2013 Lindex - Industry

It’s important to note that an organization with a Lindex score of 68 might appear to be somewhat low when compared to the overall statewide score of 72, but if this score is above the average Lindex score for similar organizations based on size and industry, then it could be considered a good score for that organization.

To purchase a copy of the 2013 Iowa Employer Benefits Study© and/or Lindex Online benchmarking tool, click here.

To learn more about the Lindex, and how your organization can learn your own Lindex score, please visit the Frequently Asked Questions (FAQ) section of our website.

We invite you to stay in touch by subscribing to our blog.