Healthcare Is Still Valued As The Top Employee Benefit

Geography: United States —Research Source: The Employee Benefit Research Institute (EBRI) —Date: January 2016 —Findings:  75% of workers state that the benefits package an employer offers prospective workers is extremely (36%) or very (41%) important in their decision to accept or reject a job. 30% of workers are only somewhat satisfied with the benefits offered by their current employer, […]

What Is Happening To The Average Age Of Retirement?

Geography: United States —Research Source: The Center for Retirement Research at Boston College —Date: January 2015 —Findings:  Only 16% of 50- to 59-year-olds are covered by defined benefit (DB) pension plans in their current jobs. But when they were in their 30s, 29% had DB plans. Only 11 percent of current 30- to 39-year-olds have DB coverage, so Generations […]

Mitigating Health Care Costs Through Proper Planning

Geography: United States —Research Source: Aon Hewitt —Date: December 2015 —Findings:  134% increase in employee’s share of health care costs since 2005. 38% of employers have increased participants’ deductibles and/or copays and another 46% may do so in the near future. 16% of companies offer a HDHP as the only health plan option today, and another 41% are considering […]

Health Care Cost Increases At Record Low

Geography: United States —Research Source: Aon Hewitt —Date: December 2015 —Findings:  4.1% projected average premium increases in 2016, up from 3.2% for mid-size and large companies in 2015. 18% of companies have reduced subsidies for covered dependents, while 17 % added a surcharge for adult dependents with access to other health coverage. 43% of companies are considering using unitized pricing–where […]

Firms Increasingly Offer Risk Health Assessments And Wellness Programs

Geography: United States Research Source: Kaiser & HRET —Date: December 2015 —Findings: 31% of large firms offering health benefits provide an incentive to complete a health risk assessment and 28% provide an incentive to complete a biometric screening. 50% of large employers that offer health risk assessments offer employees who complete the assessment lower premium contributions or reduced cost […]

Less Employees Take Up Company Healthcare Policies

Geography: United States Research Source: Kaiser & HRET —Date: December 2015 —Findings: 63% of workers are covered by health benefits through their own employer. 79% of workers in firms offering health benefits are eligible for the coverage offered by their employer. 79% of eligible workers take up coverage when it is offered to them, similar to 80% last year. […]

Smaller Firms Struggle With Healthcare Costs

Geography: United States Research Source: Kaiser & HRET —Date: December 2015 —Findings 57% of firms in 2015 offer health benefits, not statistically different from the 55% who reported doing so in 2014. 98% of large firms (200 or more workers) offer health benefits to at least some of their workers. In contrast, only 56% of small firms (3 to 199 […]

Cost Of Health Insurance Pressures Employees

Geography: United States Research Source: Kaiser & HRET —Date: December 2015 —Findings 4% in the last year in the cost of average single and family premiums in the United States. The average family premium has increased 61% since 2005 and 27% since 2010. 18% of covered workers are employed by firms that have a single coverage premium at least 20% higher […]

Growth of Consumer-driven Health Plans

Geography: United States Research Source: Mercer —Date: December 2015 —Findings 4.3% rise of health benefits cost per employee on average—larger than then 3.8 percent increase U.S. employers reported for 2015. 50% of of all respondents indicated that they would make plan design changes in 2016 to hold down the rise in their plan expenses. 18% less, on average, […]

Showing The Benefits Of Voluntary Benefits

Geography: United States Research Source: Employee Benefit Research Institute (EBRI) —Date: December 2015 —Findings 80% of workers report their employer offers them health insurance- dental insurance (70%) and a retirement savings plan (70%), and almost two-thirds each say they are offered vision insurance (63%) and life insurance (63%). 50% of workers report their employer offers them short-term disability insurance (56 […]