For employers and employees alike, the cost of healthcare is becoming the largest source of their stress. But instead of letting rising premiums force them into low-quality care, this school district found a better solution.
On average, employers in the U.S. spend $7,911 for single coverage and $22,463 for family coverage annually on health insurance for their employees, according to employee management platform Complete Payroll Solutions. By 2026, the cost is expected to rise another 10%, according to estimations by management consulting firm McKinsey — putting organizations in a precarious position when it comes to keeping their plans both affordable and beneficial to their workforce.
