Wage increases and job growth have spiked premiums across workers’ compensation despite market challenges like medical inflation and a changing workforce.
If employees can buy the coverage through an off-exchange Section 125 cafeteria plan, then the employees can pay the premiums with pre-tax earnings, the executives say.
“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.
Seventy-nine percent of respondents believe their generation will have a much harder time achieving financial security compared with their parents' generation.
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.
Marketers created Pure Green Coffee after Dr. Mehmet Oz — a renowned cardiothoracic surgeon — talked about the health benefits of green coffee beans on his TV talk show.
While the overwhelming majority of Americans are not on Medicaid, it is important to recognize that sharp funding cuts to Medicaid would not only affect program recipients, but also the financial wellbeing of countless hospitals and community health centers.
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.