When it comes to benefits decision-making, employers work best in teams. That's according to the Gallaher Research & Insights, CancerCare Employer Market Survey Findings Report, which says the three stakeholders with the greatest influence are health benefits directors (58%), the vice-president of human resources (48%), and benefits consultants (46%). Overall, internal stakeholders have a greater influence than external.
Cost is also an important factor. The research shows that direct costs is the most important information source in benefits decision-making (98%). Employer organizational health care costs are more influential (94%) than any other factor when making health benefit decisions, including employee costs and issues. The second most influential factor is benefit consultant recommendations (74%). Rounding out the top five most important factors for benefits decision-making are employee population health data (66%), employer best practices (60%), and health plan recommendations (50%).
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