X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Broken health care system

U.S. employers paid nearly $880 billion in health care benefits last year. To put that into context, Starbucks spent more on health benefits than coffee beans, according to The Wall Street Journal. I’m sure your clients can relate.

Health care costs are pinching their employees, too: 44 percent of Americans said they avoided the doctor last year when they were sick or injured due to cost. It’s a lose-lose. And their care avoidance is costing businesses a lot of money: illness-related productivity loss cost an estimated $530 billion last year.

It’s not sustainable for employees to shoulder the high cost of health care. Why? Businesses can’t afford to have unhappy employees in today’s competitive talent market. The best candidates field multiple offers—that gives them added leverage and intolerance for inferior benefits. It’s critical your clients offer an attractive health insurance plan that lowers cost for them and their employees, and empowers employees to define their health.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?

Follow the Conversation

BenefitsPRO Broker Expo 2024Event

The premier educational and networking event for employee benefits brokers and agents.

Get More Information
 

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2023 ALM Global, LLC. All Rights Reserved.