Employee Benefits Market Check Survey: 2022 Employer Health and Well-Being Strategies

Employee benefits remain a critical aspect of a company’s rewards program. As employers examine their offerings for next year, many continue to adopt additional products, limit financial burdens, and expand access to necessary resources to support worker productivity and total well-being.

We conducted a poll during a webcast on August 26 to glimpse employers’ plans for the following year. We compare these results against responses taken from the same poll in August 2020. The results are in the charts below.

Key Findings

Most of the priorities listed above remained even or increased from the prior year. Employers are most concerned with healthcare affordability for their employees. Significantly more employers are holding/reducing payroll contributions for 2022, and while not as prevalent a strategy, more are also reducing cost-sharing requirements like copays and deductibles. Notably, more employers are planning to increase services available for mental health. As the pandemic has put a strain on employee mental well-being (increased levels of stress, anxiety, and depression), companies began adding valuable resources to support their workers. Accelerating the resources available will not only improve workforce productivity and healthcare costs, but it will also help business results.

Should you have any questions regarding any of this information, please contact your local Assurex Global adviser.