For now, 15% of employers expect their 2020 health care costs will be on par with what they've budgeted, while 46% are unsure. (Photo: Shutterstock)
This year is not shaping up quite the way anyone expected. As such, the IRS in May issued a rare guidance giving employers the option to allow their employees to make changes to their health insurance and benefits enrollment.
The guidance was not mandatory, and employers could opt to leave their benefits plan for the year-as is. But with so much else going on, how many employers have actually taken that step?
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Emily Payne
Emily Payne is director, content analytics for ALM's Business & Finance Markets and former managing editor for BenefitsPRO. A Wisconsin native, she has spent the past decade writing and editing for various athletic and fitness publications. She holds an English degree and Business certificate from the University of Wisconsin.
