Health care costs are projected to increase 8% in 2024, as pharmacy design is at the forefront of plan changes, according to Aon's 2024 U.S. Health Survey.

Recently, numerous class action 401(k) lawsuits have been filed by participants over misuse of forfeited assets from former employees, including Bank of America, Wells Fargo and Nordstrom.

"As the largest employer in the world, Amazon makes clear that it does not believe the law applies to it and that they are free to treat their employees how they see fit. The law does not support this belief," the plaintiff said in a court filing.

An ICHRA can be an excellent choice for part-time employees since it offers the flexibility to select a plan that covers an individual's needs and, if needed, their family's coverage.