Product

Introducing Plan Scoring

Get a single score for any benefits plan. Instantly understand where you stand against the market.

3 min readBy Bnchmrk Team

For years, Bnchmrk has helped benefits professionals answer the question: "How does this plan compare?" Our benchmarking reports show where a client stands across dozens of data points—deductibles, copays, coinsurance, employer contributions, and more.

But we kept hearing the same request: "Can you just give me a number?"

This month, we're introducing Plan Scoring—a single, defensible score that tells you exactly where a benefits plan stands against the market.

Why Scoring Matters

Detailed benchmarking data is essential for strategic planning. But not every conversation needs that level of detail. Sometimes you need to:

  • Quickly assess a prospect's current benefits in a sales conversation
  • Give an executive a high-level view before diving into specifics
  • Identify which clients need attention during renewal season
  • Communicate competitiveness to employees during open enrollment

Plan Scoring gives you a clear, quantified answer: this plan is a 72. Or an 85. Or a 61. Instantly understandable, immediately actionable.

How It Works

Plan Scoring evaluates a benefits plan against our full dataset, weighting each component based on its impact on overall competitiveness:

    What we measure:
  • Plan design (deductibles, out-of-pocket maximums, coinsurance)
  • Employer contribution levels across tiers
  • Coverage breadth (medical, dental, vision, life, disability)

How we weight: Not all plan elements matter equally. A high deductible has more impact on competitiveness than a slightly below-average vision benefit. Our scoring model weights each factor based on what employees and job seekers actually value—informed by labor market research and our own dataset analysis.

The output: A score from 0-100, benchmarked against your selected peer group. A score of 75 means the plan is more competitive than 75% of comparable employers.

Use Cases

Prospecting — Pull a quick score on a prospect's current benefits to identify gaps and frame your value proposition.

Renewal prioritization — Score your entire book of business to see which clients are falling behind the market and need proactive outreach.

Executive communication — Give leadership a single number that answers "are our benefits competitive?" before diving into the details.

Employee communication — Help employees understand the value of their benefits with a clear, third-party validated score.

Built on the Same Foundation

Plan Scoring isn't a separate product—it's a new layer on top of the Bnchmrk dataset you already trust. The same verified plan data. The same granular peer group filtering. The same commitment to accuracy.

You can drill down from any score to see the underlying benchmarking data. The score is a summary, not a black box.

Available Now

Plan Scoring is available to all Bnchmrk platform subscribers. Log in to your dashboard to start scoring plans, or contact us for a demo.

We're excited to see how you use it.

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