Wage increases and job growth have spiked premiums across workers’ compensation despite market challenges like medical inflation and a changing workforce.
If employees can buy the coverage through an off-exchange Section 125 cafeteria plan, then the employees can pay the premiums with pre-tax earnings, the executives say.
“Coverage of GLP-1s is not necessarily in-your-face obvious. It leads to the conversation of whether we want to pursue weight loss through drug products or something like a wellness program," said Zak Kornblum, Pharm.D., pharmacy clinical director for Marsh McLennan Agency.
Seventy-nine percent of respondents believe their generation will have a much harder time achieving financial security compared with their parents' generation.