Employee Benefits Market Check Survey: Employer Perspectives Towards Benefit Offerings
Assurex Global, Cost Containment, Employee Benefits, Human Resources, Total Wellbeing
Over the past four years, it has become increasingly evident that a robust employee benefit package is more valued by employees than ever. Whether influenced by the global pandemic, inflation, skyrocketing pharmaceutical costs, or a decline…
Employee Benefits Market Check Survey: Strategies to Manage Benefit Costs
Cost Containment, Employee Benefits, Human Resources
At the beginning of the year, we asked companies about their top employee benefit priority in 2024. “Managing costs to meet budget” was the top priority, with 38% of employers indicating this was their leading concern. This is consistent…
Employee Benefits Market Check Survey: Mid-Year Election Changes
Cost Containment, Employee Benefits, Health Savings Accounts, Human Resources, Total Wellbeing
Companies that provide employee benefits to their workforce usually offer an enrollment period every year, allowing workers to purchase new coverages or change/drop coverages they currently have. While much of the benefit selection activity…
Employee Benefits Market Check Survey: Top Benefit Priority in 2024
Assurex Global, Cost Containment, Employee Benefits, Human Resources, Total Wellbeing
Like any other year, 2024 will bring several benefit issues that employers must confront, including escalating costs, new pharmaceuticals and how to cover them, improving engagement in the benefits plan, and an increasingly complex regulatory…
Employee Benefits Market Check Survey: Annual Enrollment Opportunities
Assurex Global, Employee Benefits, Human Resources, Total Wellbeing
As another benefits year unfolds, employers have an opportunity to review how their annual enrollment process performed. The benefits package that a company offers is a critical component of an employee’s total compensation, and as such,…
Employee Benefits Market Check Survey: 2024 Medical Cost Increase
Assurex Global, Cost Containment, Employee Benefits, Human Resources
As employers wrap up their health plan renewals for 2024, they grapple with a complex landscape influenced by inflation, the soaring costs of prescription drugs, high-cost claimants, and many other economic and market factors. The persistent…
Employee Benefits Market Check Survey: 2024 Annual Enrollment Methods
Assurex Global, Cost Containment, Employee Benefits, Human Resources
Annual enrollment season brings both anticipation and concern for employers and their workforces. A well-crafted and thoughtfully planned benefits and communication strategy plays a pivotal role in assisting employers with achieving their employee…
Employee Benefits Market Check Survey: Health Savings Accounts Contributions
Assurex Global, Cost Containment, Employee Benefits, Health Savings Accounts, Human Resources
Health Savings Accounts (HSAs) are a tax-advantaged and flexible savings option employers can offer their employees as part of their benefits package. HSAs are celebrating their 20th year in the market and are common in many employee benefit…
Employee Benefits Market Check Survey: Managing Pharmacy Costs
Cost Containment, Employee Benefits, Total Wellbeing
Employers face significant challenges when managing their pharmacy benefits effectively, and the rising costs of prescription drugs contribute substantially to the overall health care expenditure in the United States. This surge in pharmacy…