The middle of the year is an ideal time to evaluate benefits strategy and recalibrate plan design, vendor partnerships and cost-containment efforts to close out the year strong or prepare for the 2027 open enrollment season. As such, understanding the current state of the employee benefits market can help employers evaluate their offerings to best...
Many employees do not realize how much their employer contributes to their benefits package. According to the U.S Bureau of Labor Statistics, benefits account for 30.1% of total compensation in the private industry, yet low participation remains a widespread challenge for employers. Without meeting carrier participation thresholds, employers risk losing access to group coverage altogether,...
Amid the activity and busy schedules of summer, it’s important to make time to review your benefits for the second half of the year. Whether you’re making healthcare contingency plans for summer travel or just looking to get more value from your coverage, this article provides seven tips to help you make the most of...
The construction sector is facing a persistent skilled labor shortage, impacting its ability to deliver infrastructure, meet housing demand and pursue strategic growth. Rather than being driven by short-term changes in construction demand or project activity, the shortage reflects longer-term workforce and demographic pressures. Left unaddressed, labor challenges can expose construction firms to a range...
Mental health resources are highly desired among employees, but workers aren’t always satisfied with the benefits their employers offer or may not know how to use them effectively. A 2025 workplace mental health poll by the National Alliance on Mental Illness (NAMI) found that while 77% of respondents are satisfied with their overall health care...
Group health plans and health insurance issuers must annually submit detailed information on prescription drug and health care spending to the Centers for Medicare and Medicaid Services (CMS). This reporting is referred to as the prescription drug data collection (RxDC report). The next RxDC report is due by June 1, 2026, covering data for 2025. ...
TrumpRX is a newly launched federal website intended to help Americans access lower prices on select prescription medications by showcasing discounted cash pay options negotiated directly with pharmaceutical manufacturers. Unlike a traditional pharmacy or insurance integrated tool, TrumpRx does not process insurance and does not function like a standard drug dispensing platform; instead, it displays...
On Feb. 26, 2026, the U.S. Department of Labor (DOL) announced a proposed rule that would rescind the department’s 2024 final independent contractor rule and replace it with an analysis for employee classification under the Fair Labor Standards Act (FLSA) similar to the one adopted by the DOL in 2021. The proposed rule was published...