Transparency is extremely important to us, so we are letting you know that we may receive a commission on some of links you click on from this page. See our disclaimer.
It's open enrollment season, and according to a recent survey, there's one major evolution in employers' benefits offerings: More of them are adding wellness programs to their mix.
Benefits Pro reports that “the nonpartisan Employee Benefit Research Institute recently conducted a health benefits survey in conjunction with the Society for Human Resources Management.” Key findings:
- “Nearly 36 percent of employers expect to add wellness programs. The use of rewards and penalties is increasing, possibly because of the combination of the Patient Protection and Affordable Care Act-allowed higher financial incentives and the 2018 excise tax on high-cost health plans.”
- “Employers may also be focusing on wellness programs because of the link to worker risks and behaviors, which drive chronic conditions and account for a large percentage of overall health spending.”
Said Paul Fronstin, director of EBRI’s Health Research and Education Program and author of the report: “We found that very few employers plan to make major changes — at least for now — and most seem to be moving toward adoption of wellness programs.”
0 Comments