Employee Benefits Market Check Survey: 2025 Medical Plan Cost Increase

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As we prepare to conclude the year, many companies have finalized their medical plan for 2025. Costs continue to increase at a challenging rate. Some market conditions driving rate increases include provider consolidation, an increasing rate…

Employee Benefits Market Check Survey: 2025 Annual Enrollment Methods

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Annual enrollment season is critical for employees to assess and purchase the health, financial, and wellness coverage they need for themselves and their families. Making informed choices during enrollment can help workers manage costs, plan…

Employee Benefits Market Check Survey: Long-Term Care Coverage

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Long-term care insurance (LTC) is designed to help those people who receive custodial care in a facility or their home and require assistance with certain activities of daily living (bathing, dressing, etc.). LTC insurance has been around for…

Employee Benefits Market Check Survey: Medicare Part D Creditable Coverage

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The Inflation Reduction Act imposed changes to Medicare Part D for 2025. The changes reduce an individual’s out-of-pocket amount and remove the coverage gap (“doughnut hole”). These changes may affect the creditable coverage status of…

Employee Benefits Market Check Survey: Annual Enrollment Practices

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Annual benefits enrollment is a crucial period for both employers and employees. It sets the stage for the coming year’s benefits plans and significantly influences employees’ overall perceptions of their benefits packages specifically…

Employee Benefits Market Check Survey: Employer Reporting Methods

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One of the provisions of the Affordable Care Act requires applicable large employers (those with an average of 50 full-time employees over the previous calendar year) to report health plan information and participant coverage data to the IRS…

Employee Benefits Market Check Survey: HSA Contribution and Administration Perspectives

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Twenty years after health savings accounts (HSAs) became effective, employers continue to offer them as an option with great frequency (see our October 2023 Market Check Survey for more information). Further, many are also providing an employer…

Employee Benefits Market Check Survey: Employer Strategies for GLP-1 Drugs

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As benefit plan sponsors monitor industry trends, one topic that has grown in popularity the past year is the coverage of GLP-1 drugs (e.g. Ozempic, Wegovy). These drugs were initially developed to help treat Type 2 diabetes. What has emerged…

Employee Benefits Market Check Survey: Employer Well-Being Perspectives

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Employers continue to recognize the profound impact of employee well-being on organizational success and productivity. Investing in the well-being of employees is not merely an altruistic endeavor; it’s a strategic imperative. A comprehensive…