Market Insights

The overall percentage of employers offering coverage is heavily influenced by the fact that small employers are in large part responsible for the decline in coverage, and most employers in the United States are small.

Many younger Americans find the open enrollment process difficult and don't know who to turn to for help.

Nearly 75% of workers surveyed do not believe they have enough information to make a confident decision in open enrollment.

There's a proposal to cap the tax-free amount available for health care expenditures, including amounts paid by both an employer and an employee, according to the Republican Study Committee's budget proposal.

The average American spent only 30-60 minutes making open enrollment decisions last year.

Ninety-seven percent of employers, 86% of health systems and 84% of health plans intend to maintain or increase spending on digital health solutions over the next year.

Over a third of plan participants have taken 401(k) loans and hardship withdrawals, while ESAs provide a no-cost alternative that cuts the likelihood of retirement loans and withdrawals in half.

22% of respondents said they blame the current political climate for higher stress levels at work.