SherlockBenchmarks

    Know where your costs rank. Know where to focus. Sherlock Benchmarks give health plans the operational clarity to set targets, negotiate smarter, and improve performance.

    Learn More
    Skipjacks sailing on the Chesapeake Bay

    The gold standard for 28 years

    Sherlock Benchmarks help health plans set budget targets, find operational efficiencies, and inform strategic decisions, from vendor negotiations to M&A. Validated data and deep granularity let you drill down to specific cost drivers and benchmark against peers.

    With five plan universes, 70 functional areas, 20 product types, our data set is comprehensive enough to support any analysis you need to run. We give you both a broad view and the granular detail to pinpoint exactly where performance gaps exist.

    What's Inside the Reports

    Select your organization type below to view the specific metrics and benchmarks available in our volumes.

    Blue Cross Blue Shield Universe

    Benchmarking data specific to the BCBS association plans and affiliates.

    80 Functional Expense Categories
    25 Product Breakouts (Commercial, Medicare, Medicaid, etc)
    Costs presented as PMPM and Percent of Revenue
    Market Segments (Individual, Small Group, Large etc.)
    IS Expenses by Function
    Pharmacy and Behavioral Health metrics
    Details on Participating Plans
    Finance and Accounting metrics

    Participant Universe

    A snapshot of the health plans behind our benchmarks

    Blue Cross Blue ShieldLarger PlansIndependent and
    Provider-Sponsored
    MedicaidMedicare
    Number of Participants145121411
    Total Membership (millions)43.232.28.613.812.1
    States Served211018259

    Data as of December 31, 2024

    Test Drive the Benchmarks

    Enter your data to see how you compare to peer plans on key cost metrics.

    No signup required

    Subscribe and receive insights into the metrics and trends shaping health plan performance.