Many people know that nutrition plays a role in overall health, but not everyone understands how significantly food affects health. The National Institute of Health found that if a healthy, well-rounded diet is managed properly, 90% of type 2 diabetes, 80% of coronary artery disease, and 70% of strokes can …
Musculoskeletal disorders (MSK) and chronic pain issues affect approximately half of Americans. Worldwide, around 1.7 billion people live with MSK issues. When left untreated, these conditions can result in an injury or corrective surgery where opioids are prescribed. Individuals with long-term or chronic issues have a higher risk of developing …
With four to five generations active in the workforce, it can be difficult for employers to offer benefits satisfying each generation’s needs. Around 76% of individuals aged 65-69 in the United States are postponing retirement and continuing to work. At the same time, Generation Z continues to grow. It’s important …
On Friday, June 30, the Supreme Court blocked President Joe Biden’s student loan forgiveness plan, which attempted to relieve $20,000 for millions of borrowers. Loan repayments will resume October 1, 2023, with interest resuming September 1, 2023. According to the Employee Benefit Research Institute, around 17% of the workforce has …
Around 44% of working fathers report worrying that utilizing employer options to give working parents more flexibility would negatively impact their performance reviews, according to a study by Bright Horizons. While more male caregivers are taking advantage of work-life balance benefits, more than half want their company would provide more …
A special rule requires spouses covered by family high deductible health plan (HDHP) coverage to divide the health savings account (HSA) contribution between themselves, which does not apply to adult children. Therefore, adult children covered under their parents’ HDHP may be able to establish their own HSA and make contributions. …
When employees do not fully understand their employer-offered health benefits, it can be costly for both you, the employer, and the employee. A 2021 Voya survey found that around 35% of United States workers did not completely understand the benefits they selected in their 2021 open enrollment. To determine whether …
Telemedicine is the delivery of health care from a distance through technology. These remote services increased in popularity largely due to the pandemic and have continued to remain relevant. The convenience, cost-effectiveness, and accessibility allow more expansive care for a larger group of individuals. Several types of healthcare visits can …
The Kaiser Family Foundation (KFF) recently conducted a survey featuring 2,188 interviews with non-federal public and private firms. The survey is used as a touchpoint for employer-sponsored health coverage, examining employee contributions, cost-sharing, wellness programs, telehealth services, and more. Premiums and cost-sharing The survey found the average annual premium for …
As an employer choosing which health plan to offer, many considerations must be taken. In a perfect world, an employer chooses a plan that keeps costs down but also fits employees’ needs, boosting overall satisfaction and retainment. However, finding that perfect combination isn’t always easy when there are so many …
July is Healthy Vision Month, a time to spread awareness and advocate for healthy vision. Eye health directly impacts your performance and safety at home and in the workplace. Vision insurance is one of the more popular voluntary benefits offered by employers. Preventative health, through routine eye exams, is an …
With such a high inflation rate, consumer goods and employee benefits have experienced a notable price increase. Employee Benefit Research Institute conducted a survey and confirmed one-third of U.S. employees saw an increase in their health costs within the past year. However, there are ways employers can mitigate benefits costs …
As COVID-19 locked down the country, telehealth rapidly gained popularity, especially for behavioral and mental health services. Unlike most doctor visits, mental health visits typically do not require face-to-face meetings. Visits can be conducted via video or even audio calls, though many physicians prefer video calls in order to read …
SHRM’s 2019 Employee Benefits Survey found that 64% of employers provide wellness information and resources. With health care costs continuously increasing, employers and employees strive to save money. A wellness program is an attractive solution as it has the potential to reduce health care costs and boost workplace satisfaction. Wellness …
Life can be unpredictable which is why many employers offer voluntary benefits including accident insurance. When an accidental injury occurs, accident insurance provides financial protection for covered employees. Some plans include accidental death and dismemberment (AD&D) as an add-on to accident insurance; however, it is typically offered as a separate …
