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Employee Benefit News for School, City and County Employers

ICHRA Use Increasing

1 minute read

In 2023, U.S. employers’ adoption of individual coverage health reimbursement arrangements (ICHRAs) increased by 64%, according to a HRA Council report. An ICHRA allows employers to...

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Americans’ Retirement Outlook

1.5 minute read

According to a recent Gallup poll, nonretired Americans’ expectation for a comfortable retirement has fallen 10% since 2021. This year has the most pessimistic retirement outlook...

Creating a Multigenerational Benefit Plan

2 minute read

Open enrollment is a great way to educate your workforce about your benefits. Offering an attractive package can help boost employee retention, satisfaction, and engagement. Age can...

How to Captivate Employees’ Attention during Open Enrollment

2.5 minute read

Proper communication can help employees see the true value of their benefits. It can also lead to an appreciation of the employer’s investment on well-being and health. Employees who...

Maximizing Mental Health Benefits

2 minute read

Employers are recognizing the importance of prioritizing mental health benefits in light of the challenges posed by inflation and increasing healthcare costs. The well-being of...

Making Health Care More Affordable for Employees

2.5 minute read

Nearly half of Americans struggle to afford health care, with about 4 in 10 saying they have delayed or gone without care due to cost, according to The Kaiser Family Foundation. On...

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Helping Employees Prepare for Retirement

4 minute read

Retirement is a significant milestone for employees. But many employees have fallen behind in their retirement goals due to cost-of-living increases, student debt, and low salaries....

Workplace Burnout: The Silent Epidemic

1.5 minute read

Employee burnout can have severe consequences for retention and productivity which can impact an employer’s bottom line. A survey by Ringover found that nearly three in four (74%) of...

Affordability Percentage Decreases for 2024

1.5 minute read

The IRS recently announced the affordability percentage that will apply under the Affordable Care Act’s (ACA) pay or play rules for plan years beginning in 2024. Employer sponsored...

2024 Open Enrollment and Inflation

2 minute read

Inflation is causing many employees to feel financially strained. This may impact the choices employees make on their benefits during open enrollment.