Health coverage has rapidly changed in response to the pandemic and remote work. In the last year, 66% of employers reported expanding the range of supplementary health benefits (or planning to do so). More specifically, 39% of companies expanded mental health benefits, while more than 25% of health care organizations reported patients using telehealth.
This emphasis on more comprehensive and convenient health care opens the door for employers to structure their packages around the needs of workers today. Here are three trends brokers should be aware of that are driving this decision making.
1. The rise of ancillary coverage
In 2021, as the pandemic raged on, nearly half of all employees purchased at least one new benefit. And almost 40% of employees say their company doesn't offer enough benefits and programs to support their wellbeing.
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