Since 2015, the percentage of Americans who reported past-due medical bills has remained in the low 20% range, down from 26% in 2012.
In reality, ICHRAs mean employees lose the employer-sponsored coverage they’re accustomed to and have to fend for themselves to find substandard coverage with a fixed stipend that often doesn’t go as far.
While most companies expect costs to jump 6% in 2023, many (42%) cite managing employee affordability as a top priority, says a new WTW survey.
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