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Despite increased health care spending in the wake of the pandemic, average balances in health savings accounts increased since 2020, rising from $3,622 to $4,318 in 2021.

Offering employees advice about their personal finances needs to be balanced with concern for their privacy, which is why leveraging technology to drive employee financial wellness is key.

Promoting EV adoption is the next frontier of corporate responsibility.

Human Rights Watch, an international non-governmental organization, takes aim at the U.S. and calls for stronger government action to protect Americans from aggressive debt collection by nonprofit hospitals, in a new report.

The Telehealth Benefit Expansion for Workers Act would allow employers to offer workers standalone telehealth benefits, however, some detractors say it leaves employees unprotected from deceptive marketing practices.

The ERISA Industry Committee, an employer advocacy group, implored the IRS in a letter to clarify how sponsors can implement new SECURE 2.0 features - and also offered recommendations for improving health care benefits.

Benefits groups support the proposal, which would require retirement plans to use money forfeited by participants when they leave an employer before the end of a vesting schedule, starting in 2024..

With health care costs rising to more than $13,000 per employee, smart, preventive approaches to chronic conditions like diabetes help control costs.