by Brennan Carpenter | Nov 2, 2022 | Healthcare
Employer-sponsored health insurance premiums for families and individuals increased slightly this year from 2021 – but that is changing in 2023. One consideration for this impending increase is that employer costs for this year were largely set last year before...
by Brennan Carpenter | Oct 19, 2022 | Healthcare
Employer-sponsored health plans will likely see premiums increase by an average of 6.5% in 2023.1 Some believe it is the shortage of healthcare worker and the need to offer more to recruit hard-to-find professionals, other attribute it to cost increases for supplies...
by Brennan Carpenter | Sep 28, 2022 | HR
The U.S. economy remains in a state of uncertainty following the COVID-19 pandemic. Many experts are divided on whether an official recession is in our future, but there is no doubt that people nationwide are dealing with inflation’s impact on the...
by Brennan Carpenter | Sep 21, 2022 | Healthcare
Employers are increasingly considering self-funding to save on medical costs. Self-funding can help employers spend money in a more cost-effective way and serve their population with specific benefits their employees will actually use. The cost of health...
by Brennan Carpenter | Sep 14, 2022 | Benefits
Inflation is affecting the open enrollment period in 2022 and making it more challenging brokers. Four in 10 U.S. employees expect to scale back on the benefits they select.1 Nearly half of ALL workers say inflation is making it harder for them to pay for...