employer health benefit costs Archives

Benefits | March 17th, 2022

Is It Time to Reconsider Self-Funding Health Insurance?

Self-funding can result in cost savings and access to more data to drive better plan designs, but plan sponsors need...

Benefits | February 24th, 2021

Taking a Fresh Look at Health Benefits Will Be Important Throughout the Pandemic

Specific benefit offerings and increased communications are needed to help employees and to keep costs down.

Benefits | December 1st, 2020

Pandemic Lowers Employer Health Care Costs for First Time in Decades

It’s uncertain what will happen with costs going forward, however.

Products | September 17th, 2020

Buck Offers MedEncentive Employee Health Education Rewards Program

The program has been found to reduce employee hospitalizations and emergency room visits, resulting in reduced health care costs for...

Benefits | June 29th, 2020

Considerations for Benefit Offerings and Open Enrollment for 2021

Employers must balance costs with increased employee needs, and benefits leaders predict employees will be looking at benefit offerings more...

Products | June 25th, 2020

Health Benefits Consultant Introduces Modeling Tools

The COVID-19 Cost Impact Model assesses the impact of the pandemic on health benefit costs, and MedFactor estimates the relative...

Products | April 6th, 2020

Mercer Offers Cost Projection Framework for Employers With Self-Funded Health Benefits

Only 5% of employers with self-funded health insurance already have a financial impact assumption, while 21% say they have begun...

Benefits | April 1st, 2020

Employer Health Benefit Costs May Jump This Year and Next

Actions to mitigate increasing health benefit costs for this year or next will need to be as unique as the...

Benefits | February 18th, 2020

Brokers Being Asked to Do More to Cut Health Benefit Costs

Employers are asking benefits brokers to engage employees on benefits choices and offer better price transparency, among other things.

Benefits | February 11th, 2020

Considering Digital Health Solutions to Reduce Benefits Spend

Employers see a business case for investing more in health and well-being, but overall cost savings is a benefit as...

Benefits | November 14th, 2019

Strategies for Small Employers to Hold Down Health Benefit Costs

Small Employers can ask for incentives and pricing models from insurers, focus on primary care, and band together to reduced...

Benefits | October 30th, 2019

Employers Recognize Need to Reduce Health Benefit Costs for Employees

Many are turning to innovative tech-enabled programs that cut costs for them while not shifting costs to employees, Mercer found.

Benefits | October 9th, 2019

Survey Reveals Emerging Health Benefit Cost-Saving Measures

Employers are encouraging the use of biosimilars instead of specialty pharmacy products, creating an environment that makes it clear and...

Benefits | September 12th, 2019

Employer Health Benefit Costs to Rise 6.5% in 2020

A focus on managing chronic conditions, and education to improve health care utilization can help employers manage cost increases.

Benefits | September 12th, 2019

Increasing Employers’ Return on Health Benefit Spend During Open Enrollment

Employers need to focus on getting employees into the right plans for them and maximizing the use of their benefits.

Products | August 16th, 2019

Startup Focuses on Connecting Employees With Primary Care

Employees that do not get good primary care drive up employer health costs, so a former hospital administrator started a...

Benefits | August 14th, 2019

Health Benefit Plan Sponsors Focusing on High-Cost Claims

Plan sponsors are considering changes to health plan design as well as health care delivery models, with strategies to address...

Benefits | July 17th, 2019

Strategies to Lower Employer Health Benefit Costs Already Exist

Employers can lower their health benefits spend, as well as costs for employees, by moving away from preferred provider organizations...

Benefits | April 4th, 2019

Health Benefit Employee Cost-Sharing Can Bring Unexpected Consequences

An analysis from Gallagher identifies ways “best-in-class” employers are controlling health care costs.

Compliance | March 26th, 2019

Plan Sponsors Have a Duty to Monitor Health Benefit Service Providers and Fees

In a ruling in favor of a health benefit plan sponsor, a federal court judge lays out prudent processes the...

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