Employee benefit news

Here are some recent news articles and updates on employee benefits:

1. Employer-Sponsored Health Insurance Costs Continue to Rise

According to a recent survey by the Kaiser Family Foundation, the average annual cost of employer-sponsored health insurance premiums for a family plan increased by 5% in 2022, reaching $22,221. (Source: Kaiser Family Foundation)

2. Fidelity Investments Reports Record 401(k) Contributions

Fidelity Investments, a leading provider of retirement plans, reported that 401(k) contributions reached a record high in 2022, with employees contributing an average of 12.5% of their income to their retirement accounts. (Source: Fidelity Investments)

3. More Employers Offering Student Loan Repayment Benefits

A recent survey by the Society for Human Resource Management (SHRM) found that 43% of employers offer student loan repayment benefits to their employees, up from 22% in 2018. (Source: SHRM)

4. Telehealth Services Expand to More Employers

Telehealth services, which allow employees to receive medical care remotely, are becoming more popular among employers. A recent survey by the National Business Group on Health found that 64% of employers offer telehealth services to their employees. (Source: National Business Group on Health)

5. Paid Family Leave Laws Expand Across the US

Several states have passed paid family leave laws in recent years, including California, New York, and Massachusetts. These laws provide employees with partial pay while they take time off to care for a new child or a family member with a serious health condition. (Source: National Partnership for Women & Families)

6. Wellness Programs Show Positive ROI

A recent study by the American Journal of Health Promotion found that employers who offer wellness programs can expect a positive return on investment (ROI) of up to $3.27 for every dollar spent on the program. (Source: American Journal of Health Promotion)

7. Employee Wellness Programs Focus on Mental Health

Many employers are shifting their focus from physical health to mental health wellness programs, which can include stress management, mindfulness training, and access to mental health professionals. (Source: Employee Benefit News)

8. Flexible Work Arrangements Become More Common

A recent survey by Gallup found that 43% of employed adults in the US work remotely at least some of the time, up from 31% in 2015. (Source: Gallup)

9. Employers Offer More Flexible Benefits

Employers are offering more flexible benefits, such as flexible spending accounts (FSAs) and health reimbursement arrangements (HRAs), to help employees manage their healthcare expenses. (Source: Employee Benefit News)

10. Retirement Plan Options Expand for Small Businesses

The Department of Labor has introduced new rules to make it easier for small businesses to offer retirement plans to their employees. The rules allow small businesses to band together to offer a retirement plan, making it more affordable and accessible. (Source: Department of Labor)

These are just a few examples of the latest news and trends in employee benefits. If you have any specific questions or would like more information on a particular topic, feel free to ask!