Cost control Cutting through the broken U.S. health care system and introducing the ability for employees to compare providers and care options, while adding transparency, is a critical step in reducing the cost overall. (Photo: Shutterstock)

There is no question health care is expensive. Employer health benefit costs have always been high, and for most employers this ever-rising cost is generally second only to salary expenses. And while it's still unclear exactly how COVID-19 has and will affect costs, it is clear that economic shutdowns have placed a tighter focus on expenses for most employers. Now more than ever the goal of employers is to save money on health benefit costs.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.