Employee Benefit News December 17, 2024
HR teams and benefit leaders know better than most just how endlessly complicated and expensive healthcare benefits are. Do they have a fighting chance in 2025?
According to consulting firm Mercer, employers should expect another year of higher-than-average healthcare costs, with the total benefit cost per employee rising by 5.8%. Once again, employers are faced with choosing between somehow absorbing the added costs, passing the financial burden to employees or cutting back on benefits.
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Topics: Employer