Page 12 - Lockton Total Rewards Practice

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Benchmarking

Benchmarking is a key part of the annual strategy and planning process. We provide every client with a benchmarking report that becomes the baseline for
plan review and offers guidance as we set a multiyear strategy.

BENCHMARKING SAMPLES
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INPATIENT COPAYS AVERAGE MONTHLY EMPLOYEE AVERAGE MONTHLY EMPLOYEE
CONTRIBUTIONS BY TIER CONTRIBUTIONS BY TIER

23% 77% $600 $1,000 $869
No copay Copay
$500 $482 $800
$556 $400 $337 $600 $453 $689 $595
$300
AVERAGE $209 $400 $478
INPATIENT COPAY $200 $186 $280
$100 $92 $200
$ $32 $
EE only Family Blended EE only Family Blended
Sample Sample
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OUTPATIENT COPAYS AVERAGE MONTHLY EMPLOYEE STRATEGIC CONSULTING —
SHARE OF PREMIUM BENCHMARKING — PPO ACTUARIAL VALUES
18% 82% 40%
No copay Copay 33% 36% 1.3
30% 31% 1.2 75th
$469 25% 24% 1.1
AVERAGE 20% 1.0 Median
OUTPATIENT COPAY 10% 0.9 25th
7%
0.8
1.0 for sample plan
$ 0.7
EE only Family Blended The simple plan is richer than 30% of the (With nine plans lower in value
plans in the Lockton book of business. and 21 plans higher in value.)

Overview — Lockton Total Rewards Practice 12 Lockton Companies