Archived Insight | October 30, 2018

2018 College and University Benefits Study

How competitive are your institutions benefits? 

Benefits play a key role in colleges’ and universities’ constant quest to attract and retain top talent. 

The 2018 College and University Benefits Study (CUBS) covers the offerings of more than 450 private and public institutions.

Identify the benefits which you could add, change or better promote to stay competitive. 

Students walk and talk using mobile devices in university Download Now

Got questions? We have answers.

Get in touch and start a conversation today with one of our consultants.

Contact Us
Download the Study

Report highlights: health care

On health plans, the report noted:

  • the percentage of institutions that offer high-deductible health plans (HDHPs), which increased explosively over two years
  • offerings of wellness initiatives, and
  • growth in two prescription drug cost-management programs: mandatory generics programs and mandatory mail-order drug programs.

Report highlights: retirement

CUBs showed a movement toward account-based defined contribution (DC) health plans for new hires.

It also notes that between 2015 and 2017, the percentage of DC retirement plans did not change.

Nor did the median institution contribution.

The last set of data covers consolidation of DC retirement plan administration vendors.

Report highlights: non-traditional benefits

The report also illustrates the percentage of institutions that offer:

  • access to campus fitness centers
  • long-term care insurance
  • day-care/eldercare referral services
  • group home and auto insurance
  • on-site day-care/eldercare (or reimbursement), and
  • general or local business discounts for shopping.

Questions? Contact us

The CUBS report doesn’t cover all of the information in Segal's extensive database of benefits offered by higher education institutions.

We can provide custom data reports, including:

  • Comparisons among benefit designs
  • Geographic regions
  • Institution type
  • Institution size
  • Number of full-time faculty
    Number of undergraduate or graduate students, and
  • Operating budget and/or endowment.

For more information about how our college and university database can help you, get in touch. 

Speak with Us

See more insights

Female Nutritionist Holding Image Of Healthy Eating Plate

Health Coaching Enhances Well-Being and Productivity

Your organization can derive significant value from integrating health coaching into its existing health-management programs.

Health, Multiemployer Plans, Public Sector, Healthcare Industry, Higher Education, Architecture Engineering & Construction, Pharmaceutical, Corporate

Read Full Insight

Lawyer And Business Person Discussing In The Office

Supreme Court Addresses Prohibited Transaction Lawsuits

As a result of the Supreme Court’s decision, it will be easier for participants to sue plans for everyday plan transactions with service providers.

Retirement, Compliance, Multiemployer Plans, Healthcare Industry, Higher Education, Architecture Engineering & Construction, Corporate

Read Full Insight

Pharmacist Taking Inventory With Digital Tablet

Executive Order Seeks to Lower Prescription Drug Prices

The order instructs federal departments to issue regulations or work with Congress to identify statutory changes necessary to address drug prices.

Health, Compliance, Multiemployer Plans, Public Sector, Healthcare Industry, Higher Education, Architecture Engineering & Construction, Pharmaceutical, Corporate

Read Full Insight

This page is for informational purposes only and does not constitute legal, tax or investment advice. You are encouraged to discuss the issues raised here with your legal, tax and other advisors before determining how the issues apply to your specific situations.