Healthcare plans

To help manage the impact of increasing premiums on financial performance, employers have passed an increase in premium costs to their employees.

The insurance companies plan to launch a new health plan in Q4 to help employers recuperate from COVID-19 losses.

Including health benefits in your employee experience efforts will show employees that your entire people strategy is built around supporting and equipping them to thrive.

Companies should adopt strategies from across three different categories — screening and testing; workplace policies and design; and health and healthcare access when planning their workplace return.

Around 63% of workers say their company could do more to support their emotional and mental health during the COVID-19 pandemic. Within this group, 22% said their company’s response was “barely adequate,” “a disaster” or “non-existent.”

Instead of choosing a one-size-fits-all plan for a group, employers can offer fixed reimbursements that employees can use to purchase their own insurance or use for medical expenses.

If Democrats win in November, single-payer healthcare could still be on the agenda. Its adoption would shake up the benefits industry.

Digital health can transition employees back to work in a safe, cost effective and scalable way, says Andrew Le, CEO at Buoy Health.

The usual time to sign up for health insurance is during open enrollment but businesses and the Marketplace allow you to make changes to your health insurance anytime if certain major life events happen.

Now is a time for HR managers to reassess healthcare plans and make important changes, health insurance expert says.