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Employers can play a vital role in enhancing the affordability of healthcare for their employees, as nearly half of Americans struggle with medical costs. To address this, employers can adopt various strategies to alleviate financial burdens and improve overall...

In response to the COVID-19 pandemic, numerous employers extended their leave offerings, incorporating increased paid leave. However, by 2022, a reversal occurred, with many organizations reverting to pre-pandemic leave levels. Paradoxically, various states have been...

The reverberations of the U.S. Supreme Court's Dobbs v. Jackson Women’s Health Organization decision, overturning Roe v. Wade, have left a pronounced mark on 2023's employee benefits landscape. The shift in federal abortion rights protection to state jurisdiction has...

As the latter half of 2023 unfolds, employers face a formidable challenge in curbing the surge of health care costs while maintaining affordable benefits. The task is formidable due to the sharp escalation of health care expenses in recent years, with indications...

A Kaiser Family Foundation survey highlights strong public interest in emerging weight-loss drugs, with 80% of respondents advocating insurance coverage for overweight or obese adults. The survey aimed to assess the public's receptiveness to prescription drugs that...

Addressing work-life balance's pivotal role in employee well-being and commitment, employers, brokers, and TPAs must integrate it across operations, particularly within benefits programs. Struggles to balance work and personal life can lead to health issues, job...

Health insurance costs are expected to increase for Affordable Care Act (ACA) plans in 2024 due to several factors. A study by KFF shows that insurers anticipate a median 6% rise in premiums, with most increases falling between 2% and 10%. The main reason behind these...

If you're unsure about moving from a fully insured health plan to self-funding, level funding is a great option to consider for your company or clients. Healthcare costs are rising steadily, expected to increase by 7% in 2024, according to PwC. Many employers are...

Rising child care expenses are causing financial strain for most working families, with two-thirds of parents allocating 20% or more of their annual household income for child care, a significant increase from previous years. The Cost of Care report, based on a survey...

The implementation of SECURE 2.0 holds potential to narrow the retirement savings disparity. While larger companies typically offer more robust retirement benefits, smaller companies are gaining ground due to SECURE 2.0 provisions. The Transamerica Institute's study...