3 trends driving employee benefits
February 23, 2022
Two years into the pandemic, companies and their benefits advisors can now see what employees are looking for from their benefits. To meet the demand for ancillary coverage, holistic health, and more digitization, they must adjust their benefits model.
Health coverage has rapidly changed in response to the pandemic and remote work. In the last year, 66% of employers reported expanding the range of supplementary health benefits (or planning to do so). More specifically, 39% of companies expanded mental health benefits, while more than 25% of health care organizations reported patients using telehealth.
This emphasis on more comprehensive and convenient health care opens the door for employers to structure their packages around the needs of workers today. Here are three trends brokers should be aware of that are driving this decision making.