Utilities Insights
Delve into the latest trends and metrics shaping the Utilities industry. From competitive employer contributions to coverage rates and premiums, gain actionable insights to help your client or HR teams attract, retain, and reward top talent in an increasingly competitive landscape.
Cohort Snapshot
Our database features 77 employers within the Utilities industry, providing a robust foundation of insights for this sector. By applying additional filters for location or organization size, you can further refine and explore this valuable data.
Leverage these insights to make smarter renewal recommendations for key employee benefits, including:
🩺 Medical
💊 Prescription Drugs
🛡️ Stop Loss
🦷 Dental
👓 Vision
💼 Life Insurance
🕒 Short Term Disability
⏳ Long Term Disability
Plan Design Analysis
Gross Premium Rates
Employee Contributions
Strategic Planning
Plan Prevalence
Voluntary Coverage
Industry Segments
Bnchmrk leverages the North American Industry Classification System (NAICS) for its benchmarking classifications. The Utilities industry comprises of 14 NAICS codes:
Hydroelectric Power Generation
221111Fossil Fuel Electric Power Generation
221112Nuclear Electric Power Generation
221113Solar Electric Power Generation
221114Wind Electric Power Generation
221115Geothermal Electric Power Generation
221116Biomass Electric Power Generation
221117Other Electric Power Generation
221118Electric Bulk Power Transmission and Control
221121Electric Power Distribution
221122Natural Gas Distribution
221210Water Supply and Irrigation Systems
221310Sewage Treatment Facilities
221320Steam and Air-Conditioning Supply
221330Plan Design Analysis
Compare your plan's key metrics against industry benchmarks, visualized through percentile distributions and detailed tabular analysis.
Sample data shown for demonstration
Medical/Rx: HDHP In-Network | Your Plan | Your Rank | Low 25th | Median 50th | High 75th |
|---|---|---|---|---|---|
Individual Deductible | $2,500 | 80th | $5,000 | $3,250 | $2,500 |
Family Deductible | $5,000 | 80th | $10,000 | $6,500 | $5,000 |
Individual Max OOP | $5,000 | 50th | $6,500 | $5,000 | $4,000 |
Family Max OOP | $10,000 | 50th | $13,000 | $10,000 | $8,000 |
Coinsurance | 25% | 15th | 20% | 10% | 0% |
7% of plans are integrated with Health Reimbursement Arrangements (HRAs). | |||||
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Unlock Key Insights to Elevate Your Employee Benefits Expertise
Are you in the employee benefits industry and looking to gain a competitive edge in the Utilities sector? Bnchmrk's proprietary database empowers your teams with actionable insights to support clients and drive sales success.
By completing this form, you'll receive a sample report showcasing how our insights can enhance your consulting services and help you deliver impactful solutions across all client and sales teams.