Benchmarking: Everything Begins and Ends with Data

About the benchmarking: Purpose of Benchmarking:

HORAN conducts an annual benchmarking survey on behalf of our clients annually in partnership with other United Benefit Advisor (UBA) agencies and Milliman. This survey is larger than all the other leading surveys combined and is utilized by the National Association of Benefits and Insurance Professionals (NABIP) when working with legislators. It represents 10,000+ employers, and 22,000+ health plans and offers size, industry, state and region filters.

For HORAN, everything begins and ends with data. Benchmarking should be used to move clients from where they are today to where they want to be.

Market, market, market.

• Are you better?

• By how much?

• For which jobs?

• What’s unique?

Identify the gaps.

• What do you want to say?

• Who do you want to compare to?

• In what ways?

• How will you measure?