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12/09/2020
Industry News
11/25/2020
1 in 3 Workers Plans to Boost Benefits During Open Enrollment
1 in 3 Workers Plans to Boost Benefits During Open Enrollment During this open enrollment season, many workers are planning to choose new insurance benefits and increase their coverage due t...
11/25/2020
Controlling Health Care Spending with Coinsurance
Controlling Health Care Spending with Coinsurance Moving from copayments to coinsurance for specialist office visits could provide a viable alternative to saving healthcare costs, according to...
11/18/2020
Employers Explore Cost-Saving Benefit Strategies
Employers Explore Cost-Saving Benefit Strategies Employers are looking at a variety of strategies to control health care costs according to a study by Gallagher. Novel Approaches Some nov...
11/18/2020
The Growing Demand for Voluntary Benefits
The Growing Demand for Voluntary Benefits In 2020, 45% of employers enhanced their voluntary benefits including healthcare and non-healthcare. That’s a 5-point increase over the previous year,...
11/12/2020
How COVID-19 Is Affecting Open Enrollment This Year
How COVID-19 Is Affecting Open Enrollment This Year A LIMRA study reveals how some employers are re-examining employee benefits due to COVID-19. More employers are looking into online enro...
11/12/2020
Confusion Leads to Bad Health Plan Choices
Confusion Leads to Bad Health Plan Choices Almost a quarter of employees faced with the choice of two employer-sponsored health care plans picked the one that left them worse off financiall...
10/28/2020
Does Meeting the Deductible Drive Low-Value Health Care Services?
Does Meeting the Deductible Drive Low-Value Health Care Services? A study by the Employee Benefit Research Institute (EBRI) reveals that members who met their plan deductible were 83% more like...
10/28/2020
Employers Eye New Health Delivery Approaches
Employers Eye New Health Delivery Approaches In the next three years, 73% of employers plan to roll out new health delivery models, according to a survey by Willis Towers Watson. From August 11...
10/21/2020
Employers Won’t Cut Medical Benefits in 2021
Most Employers Say They Won’t Cut Medical Benefits in 2021 Only 18% of employers say they’ll shift more healthcare expenses to employees in 2021, such as adopting higher deductibles or copays, acco...
10/13/2020
Average Family Premiums Rose 4% to $21,342 in 2020
Annual family premiums for employer-sponsored health insurance rose 4% to average $21,342 this year, according to a recent KFF survey. Workers are contributing an average of $5,588 toward the cost of...
10/13/2020
