UDrive Benefits

UDrive Benefits™ is the result of a new way of thinking about Risk. We believe that in order for employers to manage health care costs, you must establish strategic objectives, and then identify your risks.

  • Private Industry
  • Public Entities
  • Captive Opportunities

UDrive Benefits™ is the result of a new way of thinking about Risk. We believe that in order for employers to manage health care costs, you must establish strategic objectives, and then identify your risks.

You then can evaluate financing and management options that put you in the driver’s seat to better reduce current and long-term health care costs. Our philosophy and solutions to better manage long-term health costs are based upon this new way of thinking.

We believe:

  • Managing your health care risk, within budget, is one of the biggest challenges facing most businesses today.
  • Contrary to common belief, you CAN control the rising costs of your medical plan.
  • You can profit from identifying and managing your health risk.

We look forward to the opportunity to share and discuss our philosophy, consultative services and exciting solutions with you.

Although health plan premiums are uniform for all OEBB members regardless of size or location, all schools have their own employer contribution formula or limits (i.e. contribution caps) and may utilize Composite, Tiered or combination of composite/tiered rate bases for your employee subgroups. We are committed to provide a UDrive Benefits analysis and benefits/cost modeling report that is specific to your entity, which requires the provision of some specific information.

Here is a summary of the information needed to perform the HRA feasibility study:

  • Current contribution caps by employee group for the current 2016-17 plan year
    • If there are multiple caps within an individual employee group, then we will need contribution caps by employee for that group
    • Any changes in contribution caps anticipated for 2017-18 plan year (not required, but if available)
  • Current enrollment by employee by plan and tier (EE, 2-Party, EE & Children, Family)
    • For both Kaiser and Moda medical plans
    • You should be able to run an OEBB Plan & Tier Enrollment Report online
  • Premium basis by employee group (Composite or Tiered)
  • HSA contributions
    • Formula (example: contribution cap minus sum of total premiums for medical, dental and vision plan elections)
    • Current (2016-17 plan year)
      • If not uniform for all Moda Plan Evergreen or Kaiser 3 enrollees, please indicate the average HSA contribution for all HSA participants
    • Any changes anticipated for 2017-18 plan year
  • Confirmation of any internal pooling arrangement (i.e. use of “surplus” contribution on single employee tier to subsidize employees with Family premiums)

Note: Additional information may be required to complete the analysis.

Your information is confidential. To perform our analysis, we have no need for any Personal Health Information (PHI) on any employees. Therefore, for your added protection, we request no PHI be provided.

Don’t hesitate to contact us via email or call 1-888-509-5433 with any questions. Once your information is submitted, a Team Member from UDrive Benefits™ will review the information and contact you within 3-4 business days.

Free OEBB Analysis

We are committed to provide a UDrive Benefits™ analysis and benefits/cost modeling report that is specific to your entity, which requires the provision of some specific information.

To perform the Benefits Analysis for your client we will need:

  1. Current plan summary
  2. Current enrollment by Employee (EE, 2-Party, EE& Children, Family) or other tiers used by current provider
  3. Premium basis by employee group (Composite or Tiered)
    1. Include all options that were available at the inception of the plan
    2. Include additional quotes received for last renewal with other plan design options
  4. Employer contribution to health insurance premium
    1. Please include contribution by Employee group if different for exempt vs. nonexempt Employees
    2. Any Employer contribution to other than EE.
  5. Any HSA Contributions
    1. Include current or potential Employer contribution levels
  6. A summary of what the client wishes to accomplish by providing benefit options to the Employee group.

Note: Additional information may be required to complete the analysis.

Your information is confidential. To perform our analysis, we have no need for any Personal Health Information (PHI) on any employees. Therefore, for your added protection, we request no PHI be provided.

Don’t hesitate to contact us via email or call 1-888-509-5433 with any questions. Once your information is submitted, a Team Member from UDrive Benefits™ will review the information and contact you within 3-4 business days.

Information Needed to Provide Analysis

We are committed to provide a UDrive Benefits™ analysis and benefits/cost modeling report that is specific to your entity, which requires the provision of some specific information.

To perform the Benefits Analysis for your client we will need:

  1. Current plan summary
  2. Current enrollment by Employee (EE, 2-Party, EE& Children, Family) or other tiers used by current provider
  3. Premium basis by employee group (Composite or Tiered)
    1. Include all options that were available at the inception of the plan
    2. Include additional quotes received for last renewal with other plan design options
  4. Employer contribution to health insurance premium
    1. Please include contribution by Employee group if different for exempt vs. nonexempt Employees
    2. Any Employer contribution to other than EE.
  5. Any HSA or Individual HRA (VEBA) Contributions
    1. Include current or potential Employer contribution levels
  6. A summary of what the client wishes to accomplish by providing benefit options to the Employee group.

Note: Additional information may be required to complete the analysis.

Your information is confidential. To perform our analysis, we have no need for any Personal Health Information (PHI) on any employees. Therefore, for your added protection, we request no PHI be provided.

Don’t hesitate to contact us via email or call 1-888-509-5433 with any questions. Once your information is submitted, a Team Member from UDrive Benefits™ will review the information and contact you within 3-4 business days.

Information Needed to Provide Analysis

Frequently Asked Questions

What is UDrive Benefits?
UDrive Benefits is the name we developed which connotes the idea that employers can actually manage and/or control the cost of their benefit plans. You can be “in the driver’s seat” in managing or controlling your health plan costs.
What is one of the biggest risks facing businesses and public entities today?
In talking with many businesses and public entities, the biggest risk they tell us that they face is that health plan costs are consistently increasing at higher rates than their budgets, which results in cutbacks in benefits and more cost-shifting to employees.
How can both businesses and your employees save money?
By partially self-funding a modest amount of risk and managing health risk.
How can the plan work within the OEBB?
We can help you design a hybrid plan that becomes an additional plan option offered to employees. It uses existing OEBB plan options as a platform for partial self-funding, and incorporates a group Health Reimbursement Account (HRA).
What is the difference between an HSA and an HRA?
An HSA is owned by the employee, and contributions can be made by both the employer and the employee. An HRA is owned and funded solely by the employer. With a group HRA, the employer assumes some risk, but employees receive guaranteed benefits (and typically richer benefits at lower costs) without any risk. Group HRAs are most effective as a plan financing tool, in that they can help employers lower immediate and long-term costs, while at the same time reducing maximum out-of-pocket costs for employees. HRAs can also be structured with individual HRA accounts, which enable employers to provide benefits similar to HSAs, while creating more flexibility in both plan design and eligibility.