2011 GovConNet Government Contractor Fringe … FREE Government Contractor Fringe Benefits Survey...

2011FREEGovernmentContractorFringeBenefitsSurvey

WhatValueisinitformeasaGovernmentContractor?ItistheonlyFREENationalGovConBenefitSurveyandoffersseveraladvantagesoverotherBenefitSurveys:

1) NationalSurveyResults–DoyouhaveemployeesoutsidetheDCMetroArea?

2) RegionalSurveyResults–Doyouwanttoknowwhatothernon‐GovConemployersaredoing?

3) GovConspecificSurveyResults–DoyouhaveaccesstoGovConreal‐timebenchmarkingdata?

4) ALL3Benchmarks(National&Regional&GovConspecific)inoneFREEReport.5) LargestMidMarketfocusedSurveyintheU.S.(5,099employersin2010)–otherSurveys

includesmallemployersorjumboFortune100employersmixedintheresultswhichskewtheirbenchmarks.6) Thenation’slargestGovCon’shavedifferentbenefitpackagesbyDivisionandcantaketheSurveybyDivision

usingtheDivisionName(ex.LockheedMartinInformationSystems&GlobalServices)

7) SurveyResultsarebeingcompiledbytheworld’slargestandmostrespectedindependentactuarialfirm.

8) Onlysurveyparticipantswillhaveaccesstothefinalreport.WhilethecostisbeingcompletelyunderwrittenbyTheInsuranceExchange,thissurveyandtheresultsareavailabletoyoufreeofcharge.Wewillalsosendyoua$10StarbucksGiftCardasaThankYou!Canyoureallycontinuetoextendfringepackageswithoutknowingwhereyoustand?Toparticipateinthesurvey,pleasegotothelinkbelow:

www.GovConInsurance.comClickonthe2011GovernmentContractorFringeBenefitsSurveyLink!

Who is GovConNet? GovConNetisaresourceforFederalProcurementeducation,accesstoprocurementofficials,andinformationtohelpgovernmentcontractorswinmorecontracts.GovConNetsupportseveryfacetofFederalcontractingfrombackofficemanagementbestpracticestopositioningagovernmentcontractorforgreatergrowth.

www.montgomerycountychamber.com/pubs/main/GovConNet.cfm

WhatinformationwillIreceivebyparticipatinginthesurvey?YouwillreceiveaFREEIndividualCustomReport(ICR)withSummaryofResultsshowingyourplan(s)benchmarkedto1)GovConSurveyParticipantsANDa2)RegionalANDa3)Nationalbenchmarkof5,099employersforthefollowing:

Deductibles OfficeVisitCopayments RetailPrescriptionDrugCopayments MedicalPlanCostIncreases MonthlyPremiums(Single/Family) MonthlyEmployeeContributions(%) WellnessInitiatives OtherBenefitsOffered CDHP(HSA,HRA,etc.)

Isothermoredetailedinformationavailable?Yes! Thesurveycontains35questionsandover1000differentdataelements. Duetoprintingandtiminglimitationsduring the data collection process, we are unable to distribute all of these initially so we have selected the mostfrequentlyrequesteditemsfortheFREEIndividualCustomReportgiventoallSurveyParticipants.AdditionaldetailedbenchmarkinginformationshowingactuarialevaluationincludingaHealthCareReformImpactModelisavailabletoclientsofTheInsuranceExchangeandmayberequestedbasedonyourspecificneeds.Willmyinformationremainprivate?Wetakeyourprivacyveryseriouslyandtakeeveryprecautiontoensureyourtrustisnotviolated.Yourinformationisconfidential, andwe do not share your specific resultswith anyone but you. All information is aggregated and de‐identifiedwhen shared publicly. Additionally, all information sent through the Internet is secured though passwordprotectionandfirewallsecurityprovidedbytheindependent3rdpartyactualfirm.Isthesurveyeasytocomplete?Yes! We have hired a highly respected actuarial consulting firmwith national experience in this area to produce asurveythatisquickandeasytonavigate.Youcancompletethesurveyonlineinanaverageofabout30–60minutesinthefirstyear.Eachsubsequentyear,youcanjustloginandupdateyouranswersfromtheprioryearwhichshouldonlytake5to10minutes,andyouwillreceivetheFREEIndividualCustomizedReporteachyearthatyouparticipate.Beforeyoubegin,youwillneedthefollowinginformationavailableonhand:

Plandesignsforallhealthandwelfareplans(typicallyfoundinyourSummaryPlanDescription) Totalmonthlypremiums(orbudgetedrates),employeecontributions(monthlydollaramounts)andenrollment

foryourplans Vacation,wellness,thirdpartydiseasemanagement,voluntarybenefits,leavesofabsenceandother

miscellaneousbenefitsyouofferHowcanIparticipateandwhenwillIreceivemyresults?Ifyouwouldliketoparticipate,youcanobtainaccessbydoingthefollowing:

Goto:www.GovConInsurance.comandpleaseclickonthe2011GovernmentContractorFringeBenefitsSurveyyellowstar!1.Forreturningparticipants–Openthesurveysiteandclickon‘ReturningUser?Pleaseclickhere.’ totheentertheloginarea.Then,enterthee‐mailaddressyouenteredlastyearandthepasswordtie‐incintheappropriateboxes.This

willtakeyoudirectlyintothe2011surveypre‐populatedwithyourresponsesfrom2010(or2009ifthat’swhenyoulastcompletedthesurvey).2.Fornewparticipants–Openthewebsiteandgotothemainloginarea.Tologin,createanewaccountbyenteringyourcompanyname,e‐mailaddress,password,andconfirmpasswordinformationintheboxesbelowthelabel,‘Nevertakenthesurvey?SignupforaNewAccountbelow.’Onceyouraccountisestablished,youwillenterthe2011surveyandhaveongoingaccesstoyoursurveyifyouneedtofinish/modifyyourresponsesatalatertime.Pleasenotethatalle‐mail addresseswithin the survey database are unique to your response. Note: E‐mail addresses are necessary inorderforrespondentstosaveandviewresponsesatalatertime.Wedon’tusee‐mailaddressesforanyotherpurpose.

PleasehaveyourSurveyresponseinbyApril20,2011toensurethatyoureceiveyourFREEIndividualCustomReport(ICR).

Wewillbeholdingaseminarpresentationat9:00AMonMay4,2011at:

GovConNetCongressionalProcurementConference&ExpoUniversityofMDShadyGroveCampus

9630GudelskyDriveRockville,MD20850

TheSurveyResultsPresentationincludingaHealthCareReformupdatewillbeledby:

ScottKing,MillimanJodyBuyalos,TheInsuranceExchange

ICR’swillstartbeingdeliveredonthefollowingweekaftertheseminar.

WhocanIcontactifIhavequestions? RebeccaFuller,MarketingManagerTheInsuranceExchange9713KeyWestAvenue,Suite401Rockville,MD20850Phone:301‐545‐1569/Email:Fuller.R@TIE‐Inc.comWhoisTheInsuranceExchange?The InsuranceExchange is a large regional, high‐service insurancebrokerageand consulting firm focusedon themidmarket (definedasemployers50 to5,000employees)with clientsaround theglobe. Ourareasof specialty include:employeebenefitsconsulting,commercialproperty&casualty,safety, losscontrol,bonding,riskmanagement,claimsmanagement,personalhome&autoinsurance,retirementplanservices,wealthmanagement,HRcompliance,wellnessprograms,andinternationalinsurance(includingwarriskcountries).

www.GovConInsurance.com