Widely varying benefit costs influence business strategy across U.S.
Bruce Shutan is an Employee Benefit News contributing writer based in Portland, Oregon.
Bruce Shutan is an Employee Benefit News contributing writer based in Portland, Oregon.
For reprint and licensing requests for this article, click here.
Leading benefits professionals — and EBN Excellence in Benefits award winners — share how they are contending with rising health plan expenses.
As healthcare expenses approach double-digit increases, employers are looking for savings in waste, care delivery, and plan administration before cutting benefits.
Employers are under pressure to keep benefits competitive while controlling costs, driving new scrutiny of PBMs, hospital prices and GLP-1 coverage for 2027.
Smaller companies don't need to outspend to compete, says Justworks SVP, if they focus on these particular strategies that go a long way.
Rising use of the weight-loss drug is fueling the fastest health plan cost growth in a decade and a half, forcing employers to rethink coverage strategies and cost management.