Employer matching worked because it dialed into some fundamental truths in behavioral economics: left to their own devices, most people don't build savings for either retirement or health care. (Image: Shutterstock)

Organizations are once again gearing up for open enrollment. This time, though, they're doing it under tumultuous circumstances.

The COVID-19 pandemic has heightened the perennial concerns of open enrollment: managing rate increases and delivering valuable benefits. In this environment, optimizing benefits to cut costs and help employees build long-term savings is critical.

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

  • Critical BenefitsPRO 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

© 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.