As the multi-generational and mobile workforce grows, employers, and the benefits industry are responding accordingly. Employers are re-evaluating benefits and seeking ways to effectively engage employees while keeping a watchful eye on their benefits budget. Many seek the expertise and guidance of their consultants, carriers, and enrollment firms in designing and communicating desirable benefits packages that protect employee health and finances.
This was the case at a leading national provider of health diagnostic services with a mobile, multi-generational workforce. The company faced a projected 13% increase in 2016 benefit costs. In response, the company worked with their benefit consultant, Lockton Companies, to develop a solution that would help mitigate rate increases and maximize the offer.
The result: A revamped portfolio of benefit offerings which included a new lower cost health plan and an array of voluntary benefits.
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