New survey shows HR departments’ strategies around benefits.
Employers Resource Association (ERA) annual Health & Welfare Benefits survey reveals that more employers are opting to offer high deductible health plans to their employees as a primary strategy to rein in healthcare costs. Employers offering high deductible health plans increased by 43 percent over last year, and the employers offering a traditional PPO option is at the lowest percent in the market in the history of this study.
Increasing employees’ contribution to the healthcare premium and implementing a wellness program were the two top cost containment strategies employers utilized in the past 12 months and the same cost containment methods are planned to be implemented in the future.
Find out more of the survey’s findings at www.hrxperts.org.