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