Employee Benefits
July 11, 2024
Helping Employees Navigate Rising Health Care Costs
Employers continue to struggle with rising health care costs and providing employees with affordable and quality care options. Unfortunately, employers expect health care costs to increase significantly in 2024. Several industry reports revealed that employers anticipate health care costs to grow between 6.5% and 8.5% in 2024, the largest increase in more than a decade....
June 10, 2024
Over 80% of Employers Will Add or Improve Benefits in the Next Year
A new report by health care benefits company Lively found that 81% of organizations plan to add or improve employee benefits in the next year to better recruit and retain employees. Furthermore, the report showed that employee experience, feedback and ease of use matter the most when benefits leaders decide to select or renew with...
June 5, 2024
U.S. Employees Prioritize Stability Amid Economic Uncertainty
Amid a tumultuous economic and geopolitical landscape, U.S. employees are increasingly seeking stability from their employers, according to the 2024 Global Benefits Attitudes Survey by WTW. The survey found a significant shift in employee preferences, with 72% now choosing to stay in their current jobs, reversing the trend of high turnover seen in recent years....
April 12, 2024
How the Right Benefits Can Improve Employees’ Health, Finances and More
Employers spend a lot of time contemplating which benefits to add to their plans. When those offerings are then utilized and go on to improve an employee’s life, the effort is more than worth it. As employees continue to demand support around their health and well-being, it’s critical organizations offer a wide variety of benefits...
March 19, 2024
5 Ways to Make Sure Your Wellness Benefits Are Hitting the Mark
Employers build benefits packages with the best of intentions, but too many options or the wrong ones altogether can frustrate employees and drain company resources. Nearly half of employees said they are confused by parts of their benefits plans in a recent survey by MetLife, while other studies place the number as high as 85%. An overwhelming amount of...
March 4, 2024
Redefining Safety for Workers’ Comp Excellence
In the dynamic landscape of modern industries, one constant remains: the imperative to foster a safe work environment for every employee. This isn’t merely an ethical mandate; it’s a strategic business decision with profound financial implications. A commitment to cultivating a robust safety culture not only minimizes the risk of workplace injuries, it also significantly curtails...
February 8, 2024
Health Care Industry Trends to Watch in 2024
In recent years, the health care industry has been navigating a landscape fraught with volatility. Shifting market demands, supply chain struggles and medical inflation issues have driven many key challenges. In 2024, several additional trends could impact the health care sector. These include labor shortages propelled by demographic shifts and changing skills requirements; technological advancements...
January 31, 2024
Celebrate American Heart Month With These Healthy Lifestyle Tips
In 1963, the United States designated February as “American Heart Month.” Since then, the medical community has banded together during this annual campaign to raise awareness about heart disease and cardiovascular conditions and provide advice to help Americans reduce their risk of these health issues. How to Keep a Healthy Heart Heart attacks and strokes...
January 17, 2024
Mitigating Mental Health-Related EPLI Claims
During the past few years, mental health issues such as anxiety, depression and post-traumatic stress disorder have been driving more Americans with Disabilities Act charges, according to data from the Equal Employment Opportunity Commission (EEOC). In 2022, around 11% of ADA charges were related to anxiety disorders. This is up from 7.6% five years earlier. PTSD-related charges...
January 12, 2024
Driving Down Health Cost Spend in 2024
As business leaders begin budgeting and strategizing for 2024, many are faced with balancing two items when it comes to benefits: ensuring low costs and prioritizing employees’ requests to offer better health benefits. With benefits slated as the second largest people expense for businesses, next to payroll, and health care costs across the nation estimated...