Is your firm planning big healthcare changes?
Looking for ways to combat the rapidly rising cost of healthcare coverage? You may want to employ some of the cost-cutters your peers are turning to.
Here are some the moves employers are considering to control their health costs, based on the findings in the 2012 Employer Survey on Purchasing Value in Health Care by Towers Watson and the National Business Group on Health:
- 40% plan on developing a culture where employees are more accountable for their health
- 25% will review their mix of benefits
- 13% plan to add a spousal surcharge (24% already use it), and
- 11% plan to offer a consumer-driven health plan next year.
The study also found that employees’ share of the cost burden continues to rise. From 2011 to 2012, workers’ portion of their companies’ health costs increased 9.3%. And over the past five years, employees have seen a 40% increase in costs.
- Share on
Free Training & Resources
White Papers
Provided by UJET
Further Reading
Believe it or not, more than 80% of workers like their employers’ Paid Time Off (PTO) packages. But that doesn’t stop a surpris...
Finance rarely sees jury duty or bereavement as risk. They’re payroll line items. Until courts link them to USERRA military leave –...
Employers will see clearer control over pharmacy benefit costs and their impact on the income statement, with Finance and HR sharing more e...
401(k) investment plans remain one of the best ways for Americans who are living well into their 70s and 80s to afford retirement. After al...
Financial wellness programs often sound expensive or complex, but the truth is that one simple step — helping employees better unders...
EBSA FY 2025 Enforcement Snapshot $1.4B recovered for workers and plans 878 civil investigations closed 253 criminal investigatio...
