Cutting costsToday’s employers are facing dual challenges in astronomical insurance price increases and America’s unwavering mental health crisis.

Due to rising health care costs over the past few years, many organizations have been absorbing some of the additional costs to avoid participant price increases. However, many can no longer afford to do so. What’s more, employers that have invested in robust mental health offerings are still seeing burnout, stress and absenteeism among their employees.

Employers always must juggle competing benefits plan priorities. However, for the year ahead, the top two priorities for just about every employer should be keeping benefits affordable while bolstering mental health programs.

 

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