This is a sample report of the Employee Benefit bench-marking survey conducted by SecureNow Insurance Broker. You need to fill the survey to get free access to the actual full report. The survey can be accessed at: http://goo.gl/nHL3R

1. Sample report for the
“Software Services” sector
– illustrates what the final
report will look like
Secure Now Insurance Broker
Private Limited
3rd Floor, 29 Hauz Khas Village, New Delhi 110016
Tel : +919958499711 (m), 011 – 64560999 (l)
Email : corporate@securenow.in,
Web : www.securenow.in

2. Summary
• The survey will help CFOs/HR heads make critical decisions on designing
their “employee benefits” program relating to Group Health Insurance.
These aspects would revolve around two key themes:
– Design a cost-efficient program through relevant benchmarking
– Provide increased benefits to Employees and convenience to
Program Administrators
• In the sample report, we have illustrated select questions that will be
answered through the survey. These are:
– How much should I spend per employee on health insurance?
– Which company should I prefer and why?
– What share of salary costs should I allocate to Insurance?
– What benefits should I offer?
– Does my group size have a bearing on my cost?
– Should I introduce employee co-pay?
– Who is my ideal “buying partner”?
– Which company will provide better servicing?

3. Profile of survey respondents
Employee Size Type of Employee Benefits offered
Critical Illness
>1500 <100
10% 10%
Group Life
Group Personal
500-1500
Accident
30%
100-500
Group Health
50%
0 50 100 150

4. How much should I spend per employee
on health insurance?
Spend vs. Sum Assured comparison
Company Industry Overall Market
5
4.5
4
3.5
3
2
Average spend per employee Average sum assured per employee
(Rs. Thousands) (Rs. Lakhs)

5. Which company should I prefer and why?
Industry preference mix Comments explaining
dominance of certain
companies
9% Insurance
Company 1
10% Market feedback on
Insurance select companies
Company 2
Insurance Distinguishing aspects
23% 58% of certain companies
Company 3
Others
Note: The above is not indicative of market share but indicates popularity
of certain Insurance companies in our research sample

6. What share of salary costs should I allocate to
Insurance?
Insurance as a % of total salary costs
<2% 2-5% >5%
2 2
3
2.4
4.4 1.8
4.3 3.5
2.5
Company Industry Market

7. What benefits should I offer?
% of companies offering the specified benefit
Parents 10%
Dependents
Spouse + Kids 40%
Coverage
Only Spouse 30%
None 20%
OPD 10%
Add-on Pre-existing diseases 40%
benefits Maternity cover 30%
New Born baby cover 20%

8. Does my group size have a bearing on my cost?
Industry cost-benefit by size
700
Average spend per employee
600
500
400
300
Group Size
200
100
0
0 2 4 6 8
Average sum assured

9. Should I introduce employee co-pay?
Industry claim experience vis-à-vis employee co-pay
140%
120%
100%
Claim Ratio
80%
60%
40%
20%
0%
0% 10% 20% >20%
Employee Co-pay
Note: Employee co-pay indicates the proportion of total claim amount that
Employee has to bear out-of-pocket. This is introduced generally to instill
cost prudence with employee

10. Who is my ideal “buying partner”?
Satisfaction with various buying partners
6
5
Satisfaction rating
4
3
2
1
0
From a company Through a company Through a broker
representative agent
Buying partner

11. Which company will provide better
servicing?
Satisfaction rating of Insurance Companies
6
5
Satisfaction rating
4
3
2
1
0
Insurance Company 1 Insurance Company 2 Insurance Company 3
Insurance Company

12. Thanks!
Do send us an email with your comments /
suggestions or if we could help you with
anything.
corporate@securenow.in