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....
On July 2, 2024, the U.S. Department of Labor’s (DOL) Occupational Safety and Health Administration (OSHA) announced an unofficial version of the proposed standard to protect workers from heat injury and illness. If finalized, the new standard would apply to all employers conducting indoor and outdoor work in all general industry, construction, maritime and agricultural...
When an employee experiences an occupational illness or injury, their eventual return to the workplace can create considerable challenges, putting significant stress on both the individual and their employer. Nevertheless, return-to-work (RTW) programs can help alleviate these concerns by supporting staff as they reintegrate into the workforce. These programs may entail having an injured employee...
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...
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...
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...
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...
Amid ongoing inflation pressures, employees and employers alike can expect their health care costs to increase in 2024. Global professional services firm Aon reported that health care costs for employers will grow by 8.5% in 2024 (to more than $15,000 per employee), nearly double 2023’s figure. Here are four key trends driving employer health care...
More than half of consumers feel stressed when paying their medical bills, and more than 9 in 10 say these payments have impacted their physical and mental health, according to a study from health care payment processing company PayMedix. Unaffordable medical bills, higher deductible health plans and confusing bills have increased physical and mental health...
While the holidays should be a time of festivities and fun, high expectations paired with the end-of-year work push can cause many employees to feel burned out before the new year even starts. Forty-five percent of employees are worried about their stress levels during the holiday season, according to mental health platform, BetterHelp. Finances, shorter deadlines,...