Benefits Think Why employers need to verify compliance with new benefits
Zack Pace is senior vice president, benefits consulting at CBIZ, Inc.
Zack Pace is senior vice president, benefits consulting at CBIZ, Inc.
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Despite not being a mandate, the passing of the bill could make a big difference in leaders’ approach.
As healthcare costs climb, more large employers are contracting directly with hospitals and health systems to work out prices, improve quality and steer care.
Asking difficult questions, pushing for transparency, and challenging how prices are set have helped a healthcare provider offer better coverage to its employees.
With health benefit costs expected to rise 8.2% in 2027, employers are looking for ways to control spending without simply shifting more costs to workers.
Supplemental offerings such as vision, dental, accident and life insurance provide preventive care and essential coverage when things go wrong.