Healthcare costs are projected to rise significantly in 2025. To mitigate these increases, consider these tips: Staying informed about your health care benefits—including the fine print—can help you save money. By taking these steps, you can help to manage your healthcare costs and protect your financial well-being.
Employee benefits are the indirect and non-cash compensation paid to an employee. These benefits are given to employees over their salaries and wages. As we look ahead to 2025, companies are increasingly exploring innovative solutions to address the evolving needs of their workforce. Driven by shifts in work environments, economic challenges, and technological progress, the…
Health care expenses are expected to rise significantly in 2025, with projections indicating a 7%-8% increase. This aligns with similar trends in 2024, showcasing the cumulative impact of ongoing cost growth. Below are the primary drivers of these increases: Although these rising costs are inevitable, informed employers can proactively address these challenges. Reach out to…
Many employee benefits are subject to annual dollar limits that are adjusted for inflation. For 2025, most of these limits have increased. Key Benefit Limits for 2025: Health Savings Account (HSA) Contributions HDHP Minimum Deductible Health FSA Dependent Care FSA Important Considerations for Employers Employers should ensure that their payroll systems are updated to reflect…
Accidents happen. Whether you fall off a ladder, slip and break an arm, or get injured just living everyday life, an accident can happen. Anytime. Anywhere. What Is Accident Insurance? Accident insurance helps provide support when life’s most unexpected moments happen. It makes an accident less painful financially because it helps to pay the bills…
Employee experience is tied to the technology that organizations deploy and the benefits they provide. Both can be demonstrations of a company’s care for its employees or they can be an exercise in inducing anxiety. It depends on the the approach of Human Resources. Recently, HiBob, the Human Resources information system (HRIS) company, announced the integration of…
All of us at D&S are worried about the increasing cost of prescription drugs. For many, the therapeutic value provided through maintenance medications is crucial to those living with and effectively managing their chronic diseases. Effective January 1, 2023 Kroger is discontinuing their agreement with Express Scripts who is the pharmacy benefit manager for fully…
A hot labor market that has seen scores of employees leave their jobs for new and better opportunities has HR and benefits leaders planning to up the ante when it comes to benefits that sway workers to stay. But at the same time, employers also are aware of soaring costs and inflation concerns and are…
Employee benefits are a major bargaining chip for companies looking to attract talent. The problem is healthcare costs are skyrocketing, and it’s difficult for employers to offer the same level of coverage. Higher costs are either resulting in less coverage or smaller wages for employees. Find out what’s happening with healthcare and recruitment, and get…
The COVID-19 pandemic shined a spotlight on the importance of employer-provided health benefits. Not only have employees been requesting an expansion of their benefits for months, but report after report has indicated that comprehensive plans that also cover mental health or include paid parental leave, for example, are the key to getting people back to…
