Benchmarking is an essential tool to help you understand where there may be opportunities to improve disability program design and implementation relative to an industry group.
IBI is currently the only organization that provides this kind of comprehensive disability/leave benchmarking. Using the largest database of its kind, you can generate comparisons across numerous industries and geographic locations to examine four critical programs—short-term disability, long-term disability, family and medical leave and workers’ compensation.
The current annual database is built on:
- 5.9+ million claims
- 1,000+ SIC industry groups
- 14 major data providers: Aetna, Anthem Life/Wellpoint, Broadspire, CareWorks, Cigna, Liberty Mutual, MetLife, Prudential, RSLI/Matrix, Sedgwick CMS, The Hartford, The Reed Group, The Standard & Unum
To download sample industry summary reports click here.
|Benchmarking Reports||What it shows||Who has access||Cost|
|Industry Summary Sample Reports||Reports on the state of a specific industry. Easy to generate, you just need an SIC code and a site login.||Suppliers||Free online access for Stakeholder & Charter members, limited access for Associate members|
|Employer Direct Sample Report Register Now||Enter your company’s STD, LTD, FML and WC data online and compare its specific cost, incidence and duration results to those in the industry of your choice.||Employers & Suppliers submitting client data||$500 for STD, LTD, FML and WC reports|
|Database Query Tool Sample Report||Produce real-time reports from our benchmarking database and filter results by industry, location, plan type, employer size, claimant age, claimant sex and insurance type.||Stakeholders||Free with Stakeholder membership|