- 90% of employees say that they choose the same benefit options year over year. (If you have ever tried to drive HSA participation, you have seen this in action)
- Only 34% said that they completely understood their emergency room coverage (although ER utilization drives rates)
- Only 25% completely understand how coverage works for their spouse/partner/dependents.
- 73% said that their employers have communicated benefit information two times or less in the last year. (Remember this is 30% of your clients employee compensation investment, and one of their greatest expenses.)
- A majority of employees would likely accept a job with lower pay, but better benefits (most admit to not understanding what benefits are currently being offered.)
- Over 40% said that a well communicated benefits package would make them less likely to leave their job.
“Engage your clients. Engage their employees. Don’t get stuck in a routine.”
