Market Insights

Corporate-sponsored relief funds offer an immediate lifeline, filling the gap for those employees facing financial crises right now, according to Canary CEO Rachel Schneider.

According to the report, a large minority of all small businesses (40%) offer health insurance to their employees.

Navigating misinformation (58%) and the prevalence of "doom-and-gloom" messaging (56%) were the top contributors to anxiety.

The overall percentage of employers offering coverage is heavily influenced by the fact that small employers are in large part responsible for the decline in coverage, and most employers in the United States are small.

Many younger Americans find the open enrollment process difficult and don't know who to turn to for help.

Nearly 75% of workers surveyed do not believe they have enough information to make a confident decision in open enrollment.