Benchmarking Your Company’s Employee Benefits Plan

The employee benefits plan is changing. Enrollment in a high-deductible health plan is on the rise and PPOs are going away.

Enrollment in high-deductible health plans with a health savings account is on the rise and employers are increasingly dropping preferred provider organizations as an option in their health plans. Those are two of the key findings in the just-out 2019 Employee Benefits Benchmark Survey, which is designed to gauge how employers are responding to continually… Read more »

What Employers Can Do to Address the Opioid Crisis

Employers say that, because of the national opioid crisis, they’re seeing lower productivity, higher health care costs and fewer qualified applicants.

The National Safety Council recently released its annual report on the odds of dying, and it includes one shocking statistic: People are now more likely to die from an opioid overdose than from a vehicle crash. Given that finding, it should come as no surprise that, according to the National Business Group on Health, 80… Read more »

Democrats, Republicans Take Aim at Rising Drug Prices

Consensus and compromise aren’t common in Washington, D.C., nowadays, but there seems to be at least some hint of both in a few bills aimed at taking a bite out of surging prescription drug prices. According to Kaiser Health News, here are some of the ideas either introduced in legislation or that lawmakers’ offices confirmed… Read more »

9 Ways to Lower Your Prescription Drug Costs

The U.S. Department of Health and Human Services last year took a series of steps to help President Trump live up to his promise to lower drug prices. That included proposals to require insurers to list prices in television ads and a ban on so-called “gag clauses” preventing pharmacists from telling patients when a lower-cost… Read more »

What Trump’s ACA Changes Will Mean for Small Employers

aca executive order reforms

Amid the many questions it raised, there’s one thing clear now that President Trump has signed an executive order that would begin to dismantle the Affordable Care Act: Small-business owners, particularly those with fewer than 50 employees, will want to reconsider their decision to send those workers to ACA exchanges for their coverage. The owners… Read more »

How to Retain Employees in a Hot Job Market

employee retention

The U.S. labor market hit its stride in July. In fact, the numbers beat expectations as employers added a whopping 209,000 jobs. That was the big news. What didn’t make the headlines was the fact that more than 3 million employees in the United States quit their jobs in March alone, according to the latest… Read more »

Healthy Benefits Tied to Healthy Corporate Reputation

company health benefits

Efforts to repeal and replace Obamacare flopped in Congress. So now what? Regardless of what happens next, the quality of your company’s health benefits package will no doubt have a distinct impact on your reputation. That’s according to a survey from the Healthcare Trends Institute, which found – not surprisingly – that the majority of… Read more »

6 Things to Watch For During Open Enrollment

So apparently Americans are likely to spend more time planning their next vacation than really digging into the nitty-gritty of their health benefit choices during open enrollment periods at work. Bad move, right? What are the consequences of this? They’re rather serious, actually, starting with the fact that your employees are likely to make choices… Read more »