Employee Benefit News
Open enrollment can be a confusing time for employees. In fact, research shows that of the 155 million Americans who rely on employer-sponsored coverage, most only spend a few minutes selecting their benefits. However, with all of the challenges that employees are facing, such as rising health care costs, historic inflation and the lingering effects of COVID, 70% of employees say they plan on spending more time reviewing benefits this season. So, how can employers help support their people when it comes time to pick benefits? Many suggest to stop talking about open enrollment and benefits just once a year. Additionally, real-world examples, data, and personalized service may be some other tips employers can use to help their employees pick the best benefits for them.