neon green ekg waves over stacks of currency (Photo: Shutterstock)

Other than wages, an employer’s largest human capital expense is typically its health care plan.  As the costs of health care continue to rise, employers consistently look to and implement a number of different plan design and cost-shifting options, including High Deductible Health Plans (HDHPs).  At the same time, and in part responsive to the rising cost of health care, employers have sought to implement holistic wellness programs that seek to engage workers in programming and solutions across a range of wellbeing areas, including financial health.

One of the big challenges of these wellness programs is understanding how each of an employer’s different pillars of wellbeing interact with each other.  Put another way, if an employer pulls a lever on its health care plan, what impact does that have on the other areas of wellbeing?

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?

 

BenefitsPRO

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.