What partners would you depend on to help you learn about new health benefit designs and distribution models?

What employee features would you include if you could design a benefit o�ering using an insurance exchange environment?

Employees will have a better

understanding of benefit costs

Have not begun to explore DCPs Already using DCPs (not on a

private exchange)

O�er a wider array of options

for benefit plans

Help employees make more

cost-conscious benefit decisions

Defined Contribution & Private Exchange Trends

77.5% Familiar 22.5% Not Familiar

InfographicInfographic

31.9% 17.9%

15.2% 14.8%Continue to o�er benefits that

would otherwise be in jeopardy

Benefits a DCP would bring to your company:

Still learning

Using DCPs on a private exchange Are considering exploring/adopting

DCPs to o�er on a private exchange

in the future

41.9% 24.5% 12.8%

6.8% 6.8%

Where are you in the process of exploring or adopting a DCP to o�er on a private exchange?

How familiar are you with defined contribution health benefit plans (DCPs) & private exchanges?

11.1% Industry/Trade Association11.8% Third Party Administrator

30.2% Benefit Consultants

16% Insurance Carrier

50% Insurance Brokers

26% Research Independently

4.6% Payroll Companies

Employer utilities you would value in o�ering health plans in an exchange environment:

82.6%

Premium Payment

Automation

43.1% 40%

39.2% 21.4%

82%

Payroll Processing Carrier Integration

78.3%

COBRA Compliance

65.3%

Health Spending

Accounts

65%

If considering defined contribution plans for future, when?

11.1%

2015

22.2%

2017

61.1%

2016

67.9%

50.4%

46.9%

38.5%

37%

29.4%

Plan and Cost Comparison Tools

Online Access

Progressive Cost Tracking Tools

Help Line

Combined Benefit Enrollment

Consolidated Employer Billing Services

29.4%

22.1%

Mobile

Financial Account Options

Private exchange features most important:

A large choice of plans

available at your company’s

targeted benefit level

The exchange allows any plan to

meet the exchange’s minimum

standards to participate

The exchange is government-run

The exchange actively screens and

restricts the number of plans that

may participate on the exchange

according to price and quality

www.HealthcareTrendsInstitute.org

Source: 2014 Healthcare Benefits Trends

Benchmark Study

© Copyright 2015. Healthcare Trends Institute.

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