Market Insights

Wage increases and job growth have spiked premiums across workers’ compensation despite market challenges like medical inflation and a changing workforce.

“Coverage of GLP-1s is not necessarily in-your-face obvious. It leads to the conversation of whether we want to pursue weight loss through drug products or something like a wellness program," said Zak Kornblum, Pharm.D., pharmacy clinical director for Marsh McLennan Agency.

That is largely driven by the expanding presence of Gen Z workers in the full-time workforce.

The decline in HDHPs is evidence that employee health care is at a crossroads, one that benefits advisors must navigate carefully if they hope to succeed in a fast-evolving landscape.

Benefits advisors and HR departments face the challenging task of monitoring regulatory changes and managing growing benefit costs (like health care) while still providing employees with robust benefits that help them effectively attract and retain their workforce.

“Our analysis of systems, applications and products AI tools like Joule at large global organizations shows AI isn’t just about automation -- it’s about enabling every employee to become a super worker,” said Kathi Enderes, global industry analyst and senior vice president for research at The Josh Bersin Co.

Employers must rethink their retirement benefits and adopt science-backed approaches that drive meaningful impact. Here are four key strategies to consider:

Burned-out employees may cost American businesses millions each year.