NOT FOR REPRINT
Page Printed from: benefitspro.com/author/profile/scott-wooldridge/?page=44
Sign In To follow
A new Mercer report calls for a more holistic approach to address higher benefit costs following the COVID-19 pandemic.
Market forces, such as high demand and a limited number of providers, have given providers a better negotiating position.
HRA and FSA growth may have slowed, but new models may hold promise for the future.
Complying with a growing patchwork of state and local paid leave mandates makes offering paid leave benefits difficult.
According to a new analysis from Moodys, "whatever the election's outcome, the most significant long-term challenge to the industry is policy and regulatory risk."
In addition, compared with non-caregiving workers caregivers in the workplace have lower lifetime earnings.
Specifically, meetings in the remote age are 20% shorter, but employees put in 48 extra minutes of work per day.
More people than ever are paying their medical bills online, though the majority of providers are still sending paper bills.
Workers aren't the only ones who are are stressed, uncertain of the future, and dealing with changes that are completely new to their experience.
More than 30 states are pushing for greater oversite of PBMs, but companies argue that doing so would unduly burden ERISA plans.