Employer-Paid

Benefits executives at Gallagher expect the cost of stop-loss insurance to rise faster than the cost of fully insured group health coverage next year.

To tackle these financial challenges, employers' top priorities over the next three years are company medical costs, company pharmacy costs, and affordability for employees.

Just slightly more than half of part-time workers have employer-based health coverage, compared with nearly 8 in 10 full-time workers.

It is important to note that the 2024 final regulations have not been modified or rescinded – instead, regulators have simply announced that they will not enforce those regulatory requirements at this time.

Meanwhile, 63% expect inflation to worsen their financial situation and make everyday necessities less affordable, and 54% say debt is increasing their stress.

He likes association health plans, he knows everything about benefits law, and he will help decide what happens to ICHRAs.