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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.

Coming Soon!
2013 Iowa Employer Benefits Study©

David P. Lind BenchmarkWe are very pleased that nearly 1,060 Iowa employers have responded to our 2013 Iowa Employer Benefits Study©! This surpassed our goal of having 1,000 organizations participate in our 15th annual survey. The results of this study will be available in early September.

To put this response into meaningful perspective, the recently released 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 78 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.

In addition to this phenomenal response, in mid-September we will unveil new and exciting enhancements with this year’s study. Some of the changes include:

  • The Overall Summary of the 2013 Iowa Employer Benefits Study© will be available in an electronic format, allowing employers to access this report on our website. As with our 2012 survey, printed studies will no longer be available.
  • Employers who participated in the 2013 Survey will be sent an invitation in late-September to download this report using a specific pass code.
  • Employers who did not participate in the 2013 Survey will be able to download this Overall Summary. A fee will be required to access this report.

In addition to the above enhancements, we’ll be introducing a new benchmarking tool in September, allowing employers to compare their specific benefit offerings with other Iowa employers. This innovative benchmarking tool, Lindex-Online® has been 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. I must say, there are some very innovative aspects about this benchmark program that will be extremely helpful to employers of all size and industry!

Please visit our website frequently to learn when this new web-based tool will be available. An easy way to stay informed is to subscribe to this blog.