Healthcare: The barrier to retirement employers are helping tear down
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More From Employee Benefit News
U.S. retirement outlook worsens as debt, health costs weigh on workers
The U.S. fell three spots to 24th in a global retirement ranking, highlighting growing pressure on employers to help workers save and plan for rising costs.
Rising healthcare costs may force small businesses to cut coverage
Reducing healthcare benefits can provide immediate savings, but it could also stunt retention and recruiting efforts.
Employers need to rethink access to mental health and recovery care
Organizations are seeing more demand for mental health and substance use services. New approaches aim to make care easier to access before employees reach a crisis.
Helping employees select the right healthcare during open enrollment
Employers should educate staff on the nuances of every coverage option, advises Benefitbay CEO, ranging from coinsurance to coverage tiers, networks, “incumbent bias,” and more.
Retirement income is the next challenge for employers
Workers estimate they’ll need over $5K in monthly retirement income, but many have no clear strategy for turning savings and investments into a steady paycheck.
