With a decade of experience, UBA reflects on changing role of benefits advisors and top questions to ask
INDIANAPOLIS, Indiana, January 17, 2013 – With humble beginnings in 2002, United Benefit Advisors (UBA) was originally launched with only fifteen Partner Firms, but today, UBA has grown to become one of the top five employee benefits advisory organizations in the U.S. and celebrates its 10-year anniversary.
With more than 2,000 benefits professionals in over 200 offices in 46 states, UBA boasts an impressive array of industry-leading in-house experts including actuaries, attorneys, communications professionals, HR consultants, physicians, nurses, pharmacists, underwriters, and wellness specialists.
UBA Partners and their clients also produce the annual UBA Health Plan Survey, which has become the nation’s largest benchmarking survey with responses from nearly 18,000 health plans sponsored by nearly 12,000 employers. It is by far the most comprehensive, validated survey of medical plan design and plan costs ever conducted and is nearly three times larger than the next two largest industry health plan surveys combined.
“UBA’s success can be attributed to the unparalleled data and expertise they offer employers, particularly around controlling health care costs in an era of health care reform,” says Thom Mangan, CEO. “In 2012 alone, UBA Partners used the UBA Health Plan Survey data and other cost management tools to save employers on average 5.2 percent from the initial medical plan renewal offer, which translates to a staggering $584.1 million in annual medical plan cost savings.”
Since UBA’s founding, the health care industry has seen drastic and complex changes and UBA has responded with a full suite of benefits advisory services for large and small businesses across a range of industries, including educational institutions, Government organizations, and a variety of commercial enterprises. Based on their decade of experience leading a highly complex and ever-changing industry, UBA offers the top 8 questions employers should ask their benefits advisor.
About United Benefit Advisors
United Benefit Advisors is the nation’s leading independent employee benefits organization with more than 200 offices throughout the U.S., Canada and the U.K. As trusted and knowledgeable advisors, UBA Members collaborate with more than 2,200 fellow professionals to deliver expertise, thought leadership and best-in-class solutions that positively impact employers and make a real difference in the lives of their employees and families. Employers, advisors and industry-related organizations interested in obtaining powerful results from the shared wisdom of our Partners should visit UBA online at www.UBAbenefits.com.
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