Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Health benefit costs are set to go up again next year due to inflation, rising health care consumption post-2020, and the high cost to retain physicians and nurses in the midst of the ongoing pandemic, among other factors. Benefit advisors, employers, and carriers need smart strategies to continue delivering valuable health benefits to help retain workers while also protecting the bottom line.

Meanwhile, employees have been stretched by years of premium and cost-sharing increases. Research shows that 60% of Americans would have to borrow to cover an unexpected $1,000 expense, yet the average worker with employer-sponsored health insurance has a deductible of $1,644. Those on high deductible plans are even more exposed to the cost of a health issue.

In the hopes of building a world where health hardships don’t create financial hardships, we have been interviewing leaders across the industry and collaborating with advisors and employers to find new ways to enhance health benefits in this challenging environment.

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


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.