As an employer, it’s your responsibility to ensure that your workers have a worthy benefits package available to them. Just as important is making sure that all of your staff members can enjoy the benefits of that plan.
While the way offices operated daily was one of the most noticeable impacts of COVID-19, you may not have realized how much the pandemic has altered the employee benefits landscape.
A comprehensive benefits package can attract and retain the talent your company needs. Still, it’s important to understand the potential downsides of offering comprehensive coverage.
Chronic disease medications accounted for nearly 70% percent of drug plan claims costs in the preceding year. This means that costs must be effectively managed in order to offer coverage to all of your employees.