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Kathryn Mayer is a former editor-in-chief of Employee Benefit News.
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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.
As employees decide whether to stay with their employer, support tied to student loan debt and education benefits is becoming a clear differentiator.
With the majority of employees living paycheck to paycheck, faster access to wages can give them a better shot at building financial security.
Even as employers spend more on health plans, employees report confusion over coverage details, fueling calls for better communication and tools.
An expert from Apex HCM by IRIS details steps to mitigate risk and help employees get the most out of earned wage access.
