Rising Health Costs Spur Plan Redesigns

(From SHRM) With rising health care inflation, employers are rethinking benefits strategies. Wellness programs—focused on fitness, mental health, and chronic condition management—can reduce plan usage and lower costs. Offering tiered plans, telemedicine, pharmacy benefits, and onsite services like flu clinics adds flexibility and access. Telemedicine, in particular, helps cut costs and remove care barriers. For long-term savings, employers may explore self-funded health plans, which can reduce costs by 7–15% annually. However, understanding employee health claim trends is key before making the switch.

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