Commentary: Given the significant spend associated with medical insurance (fees for family health plans average $16,800) and the annual increase in cost (5.1% per year 2003-10 and 4.1% per year 2010-13), its no surprise that any employee benefits conversation is dominated by the medical space. Even more so when you consider the regulatory changes both carriers and employers have had to manage over the last two years.
Protecting an employees health and the health of their family should of course be of paramount importance when creating benefit programs, but what about after that? Where should attention turn then? Would providing protection for employees shelter and their ability to earn a living be a close second?
