Imagine having such sought-after benefits that your organization is an absolute magnet for the very best employees in your industry. And, over time, when recruiters call, your employees simply ignore the call. Your employees are thinking, “Why would I ever consider leaving?”

Their benefits are affordable, they can tap into their benefits easily when they need to, and they can readily explain the value of their total rewards package.

If this isn’t your reality, you may have a lot of work ahead of you. The place to start is getting absolutely clear on how your benefits stack up against your competition.

So, what’s the main challenge in trying to get this done? Well, the majority of benchmarking surveys and data points available to you are on the national level, region-specific at best. These national data-sets don’t address the unique nature of healthcare and healthcare delivery in Indiana.

There’s two fundamental reasons Indiana-specific benchmarking matters:

One, our average hospital costs are higher than our midwestern neighbors and well above national averages.

Indiana’s got just a few dominant health systems, plus, you’ve got to take into consideration the general poor health of Indiana’s population.

And, secondly, the delivery of healthcare is fundamentally local.

In order to drive value for your employees and their families, you’ve got to be clear on what’s going on with health outcomes where they’re located. Issues within our healthcare system are just far too complicated to solve on a national scale.

So, although it’s important to be aware of national trends, making important planning decisions using benchmarks absent of Indiana-specific perspective will miss the mark every time.

We’ve been delivering a unique view into these critically important aspects since 2017 through the annual Apex Benefits Indiana Employee Benefits Benchmarking Survey. So, take this important first step by requesting a custom report for your organization.

Happy to talk further. Just reach out to @ slong@apexbg.com.