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CUPA-HR’s 2005 Benefits Survey A Review of Selected Findings. Ray B. Sizemore, Ph.D. Director, Research & Information Systems CUPA-HR Stan McKnight President, Stan McKnight & Associates. Today’s Objectives. Provide overview of survey Describe selected findings. Goal of Benefits Survey.
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CUPA-HR’s 2005 Benefits SurveyA Review of Selected Findings Ray B. Sizemore, Ph.D. Director, Research & Information Systems CUPA-HR Stan McKnight President, Stan McKnight & Associates
Today’s Objectives • Provide overview of survey • Describe selected findings
Goal of Benefits Survey • Collect information that will allow institutions to benchmark their benefits programs and costs • 2005 is the third time the survey has been administered • This year’s survey modified extensively based on respondent feedback • Simplified question structure and separated into four stand-alone independent surveys • Tried to ensure appropriate response options available for each question • Added comments box at the end of each section • Reviewed redesigned document with last year’s respondents before finalizing
Survey Process • Original benefits survey developed by a CUPA-HR advisory committee in 2002 • Survey administered through SurveysOnLine, CUPA-HR’s Web-based data collection system • McKnight & Associates provided subject-matter expertise support to survey respondents • Survey open from March 1to June 12, 2005 • Data reflects programs in place on Jan 1, 2005 for full-time, non-temporary, faculty & staff; student workers not included
Three Ways to Access Data • Two Survey Reports • Employee Health Care and Non-Health Care Benefits - 188page document containing more than 380 detailed tables • Retiree Health Care Benefits - 220 page document containing more than 155 detailed tables • Available electronically as a PDF download • DataOnDemand • Real time data analysis system giving users direct access to the data • Comprehensive set of slides created by CUPA-HR for use with subscriber comparison groups • Special Studies • Custom studies of the data conducted by the CUPA-HR research staff • Not encouraged because of survey’s complexity; costly to do • To order survey results, go to www.cupahr.org, highlight Surveys in menu on left, then select Benefits Survey 2005
Survey Content • Insurance and Retirement • Basic Life Insurance • Short-term Disability • Long-term Disability • Retirement Programs • Time Off Benefits • Paid Time Off Plans • Vacation Leave • Sick Leave • Other Leave • Other Benefits • Tuition Support • Relocation & Housing • General Questions • Institutional Basics • General Benefits Questions • FSA, EAP & Domestic Partner Benefits • Health Care Plans • Major Medical • Traditional • HMO/EPO • PPO • POS • Stand-Alone Drug Plans • Stand-Alone Dental Plans • Stand-Alone Vision Plans
Respondent Affiliation & Classification TABLE 1-A Affiliation & Classification of Respondents CUPA-HR 2005 Benefits Survey
Respondents with System Aggregates TABLE 1-B Affiliation & Classification of Respondents CountingInstitutions Reported in 11 System Aggregates CUPA-HR 2005 Benefits Survey
Institutional Basics TABLE 2 Institutional Basics of Respondents CUPA-HR 2005 Benefits Survey
Benefits Provided TABLE 3 % of Responding Institutions Providing Each Benefit CUPA-HR 2005 Benefits Survey
Health Care Basics TABLE 4 Health Care Basics of Responding Institutions CUPA-HR 2005 Benefits Survey
Domestic Partner Benefits TABLE 5 Domestic Partner Benefits of Responding Institutions CUPA-HR 2005 Benefits Survey
Prevalence of Combined Plans TABLE 6 Prevalence of Combined Health Care Plans That Include Both Employees and Retirees Active Employee/Combined Plans CUPA-HR 2005 Benefits Survey
Health Care Annual Cost TABLE 7 Annual Costs Per Life Covered All Health Care PlansActive Employee/Combined Plans CUPA-HR 2005 Benefits Survey
Changes in Health Care Costs TABLE 8 Changes in Health Care Coverage Costs This Plan Year Over Last - Average Median All Plans Active Employee/Combined Plans CUPA-HR 2005 Benefits Survey
Health Plan Coverage of Drugs, et al TABLE 9 Frequency with Which Health Care Plans Cover Drugs, Dental, and Vision - Average Median All Plans Active Employee/Combined Plans CUPA-HR 2005 Benefits Survey
Health Care Contribution Rates TABLE 10 Monthly Health Care Plan Contribution Rates Average Median All Plans Active Employee/Combined Plans CUPA-HR 2005 Benefits Survey
Medical Deductibles & Coinsurance TABLE 11 Medical Annual Deductibles, Coinsurance, and Maximums - Average Median All Plans * Active Employee/Combined Plans CUPA-HR 2005 Benefits Survey * PPO and POS IN-Network
Cost of Physician Visits TABLE 12 Median Co-Pay and Coinsurance for Physician Visits Active Employee/Combined Plans CUPA-HR 2005 Benefits Survey
Mental Health/Substance Abuse TABLE 13 Mental Health/Substance Abuse Benefits Average Median All Plans Active Employee/Combined Plans CUPA-HR 2005 Benefits Survey
Prescription Drug Plan Deductibles TABLE 14 Prescription Drug Plan Deductibles, Coinsurance, and Maximums – Average Median All Plans Active Employee/Combined Plans CUPA-HR 2005 Benefits Survey
Prescription Drug Plan Co-Payments TABLE 15 Prescription Drug Plan Co-Payments, Deductibles, and Supply Limits – Average Median All Health Care Plans Active Employee/Combined Plans CUPA-HR 2005 Benefits Survey
Annual Cost for Stand-Alone Plans TABLE 16 Median and Average Annual Costs Per Life Covered for Stand-Alone Drug, Dental and Vision Plans Active Employee/Combined Plans CUPA-HR 2005 Benefits Survey
Dental & Vision Monthly Contributions TABLE 17 Monthly Median Contribution Rates for Dental and Vision Plans Active Employee/Combined Plans CUPA-HR 2005 Benefits Survey
Basic Life Insurance Plans TABLE 18 Basic Life Insurance Active Employee/Combined Plans CUPA-HR 2005 Benefits Survey
Retirement Plans TABLE 19 Retirement Plans Active Employee/Combined Plans CUPA-HR 2005 Benefits Survey
Defined Benefit Plans TABLE 20 Defined Benefit Plans Active Employee/Combined Plans CUPA-HR 2005 Benefits Survey
Defined Contribution Plans TABLE 21 Defined Contribution Plans Active Employee/Combined Plans CUPA-HR 2005 Benefits Survey
Time-Off Plans TABLE 22 Median Number of Time-Off Days Per YearFirst Year of Employment Active Employee/Combined Plans CUPA-HR 2005 Benefits Survey * Benefits Eligible
Availability of Tuition Support TABLE 23 % Offering Tuition Support Active Employee/Combined Plans CUPA-HR 2005 Benefits Survey
Full-Tuition Support TABLE 24 Of Those Institutions Offering Tuition Support, % Providing Full Tuition or Waiver of Fees Active Employee/Combined Plans CUPA-HR 2005 Benefits Survey