IBI Benefits Intelligence

How do you measure up?

If you are managing lost-time programs, we can help you benchmark workers’ compensation, short- and long-term disability, and family and medical leave programs using our industry-leading program. IBI works with our Data Consortium of insurers and third-party administrators to create the country’s largest and most detailed benchmarking database that spans occupational and non-occupational programs.

IBI’s comparison database includes 27,000 employer benefits programs, with almost three million claims and reportable on more than 600 industry groups.

How It Works

Make your mark. We compile data, make sure it is valid and consistent and calculate metrics based on nationally standardized definitions. Then, you benchmark company data against groups within your industry that match your profile and plan designs.

Reports will point you to where you’re doing well – and where results may be improved. Comparisons with industry data on cost, incidence and duration will help pinpoint opportunities for interventions.

For Employers:
IBI benchmarking allows you to submit data online for benchmarking against industry results of your choice – for some down to the four-digit SIC level. You also may compare against a variety of plan designs. We’ll give you a lost
-productivity estimate for your company based on the financial information you provide.

For Suppliers:
Charter and Stakeholder members can access industry summary reports for short- and long-term disability, workers’ compensation, and family and medical leave. Reports are available for more than 600 industry groups, some down to the four-digit SIC level, as well as at both the claim and employer level. Associate-level supplier members may access all division-level industry summary reports.

Stakeholder members also can go online and use our database query tool. It lets you cut the data by sex, age, industry, plan type, employer size, and (for workers’ comp) claims jurisdiction to create customized reports.

All supplier members can sponsor employers for a free premium employer membership with IBI and offer employers use of IBI tools at members’ discounts.

Download a summary of IBI Benefits Intelligence.