By attempting to please everyone, employers can find themselves in the unenviable position of pleasing almost no one.
"Employers provide health benefits to nearly 153 million Americans, which puts them in the health insurance business whether they want to be or not," the 2024 State of Employee Heath Benefits report from SureCo said. "In the current model, business owners, finance professionals and human resource leaders face the impossible task of selecting and paying for plans intended to suit everyone, but rarely do. And thanks to the looming threats in the greater health care sector, their job is only getting harder."
Further compounding the problem, just 3% of health system executives and 7% of health plan executives have a positive outlook for 2024, Deloitte's annual health Care Outlook Survey found:
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
Already have an account? Sign In Now
© 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.
