Communicating directly with employees about the functions and attributes of available benefits is a great first step for employers who want to provide financial and wellness support.

Medical expenses are among the fastest rising costs affecting US households, with many Americans on track to pay half as much towards their health insurance as their mortgage in the next decade.

With deductibles rising faster than wage growth or inflation, certain fixtures of medical care such as accident coverage, hospital visits, and critical illness plans have begun to resemble “deductible insurance.” Instances where consumers once would have received financial lifelines to handle unforeseen medical events are now more likely to cost them out of pocket.

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

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

  • Critical 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 events.
  • Access to other award-winning ALM websites including and

Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.



Join BenefitsPRO

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

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

Already have an account? Sign In Now
Join BenefitsPRO

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