Employee Benefit Advisor October 14, 2020
As we look to the benefits and resources we’ll provide employees next year, cutting costs is an all-too-easy focus. We’ve seen this year how our employees’ health and well-being are in jeopardy like never before. In these crazy times, it simply doesn’t make sense to place the pressure of reducing costs in the hands of overwhelmed employees.
Yet that’s what employers are doing. As HealthJoy’s recent 2021 State of the Benefits Experience Report revealed, employers plan to lean heavily on employees to make cost-effective healthcare decisions next year.
Our survey asked HR professionals how they plan to contain costs in 2021. Fifty-nine percent reported that “creating better healthcare consumers” was their top strategy, above other options like managing high-cost claimants...