"Because health plans typically have multi-year contracts with health care providers, we haven't felt the full effect of price inflation in health plan cost increases yet," says Sunit Patel, Mercer's chief actuary for health and benefits.

Think about a range of options – Zoom webinars, postcards to employees' homes and text messages to their cell phones – to meet your people where they are.

Building the best team with the skillset to successfully deliver results should be the utmost priority for all companies, says report.