Lexology March 7, 2025
Employers are facing multiple challenges this year in providing competitive and quality health care benefits for employees. Skyrocketing costs, increased fiduciary risk, and a constantly evolving legal and political landscape all are impacting the ability of employers to effectively provide healthcare benefits.
Nonetheless, employers appear dedicated to continuing to provide these benefits, with an estimated 43% of employers increasing their healthcare expenditures, according to the 2025 NFP U.S. Benefits Trend Report. Only four percent of employers reported reducing their healthcare expenditures.
The NFP report found various other trends in employer-provided healthcare coverage, as follows:
- Healthcare transparency legislation have heightened employer fiduciary responsibilities in the provision of healthcare benefits.
- Extensive litigation has resulted in higher awareness of fiduciary duties for...
Today's Sponsors
Today's Sponsor