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Why Healthcare Costs Are Rising for Employers in 2024
Learn about medical inflation, rising provider costs, and other factors that are driving healthcare costs up for employers in 2024 and beyond. Health insurance costs are squeezing employers across the U.S., especially in Hawaii, where employer-sponsored health insurance is mandatory for businesses of all sizes, according to state law. But health insurance is one of…
3 Ways Partnering with a PEO can Help Reduce Healthcare Costs (And More) for Your Business
Healthcare costs can be a significant drain on many small businesses bottom line and are an important consideration when planning operating costs and budgets. Small businesses often struggle with attracting and retaining top talent when the costs have having an attractive benefits package becomes a burden.
Voluntary Benefits at work: A Winning Strategy for Employee Retention
Learn about the power of voluntary benefits as an employer differentiator and its impact to meet real employee health, wellness and financial needs.
Reimagining Employee Benefits
Let’s face it. The pandemic has changed our employees and what they want from their employee benefits package. Stressors and uncertainty have become the norm both in the workplace and in their personal lives. While competitive pay is great, post-pandemic workers are looking for employers to provide a more holistic employee benefits offering. A recent…
Finding Balance: Controlling Rising Healthcare Costs While Attracting Top Talent in Hawaii
Tips for getting the most of your healthcare offering to manage cost and recruitment & retention goals. Health insurance costs are squeezing employers across the U.S., especially in Hawaii, where employer-sponsored health insurance is mandatory for businesses of all sizes, according to state law. But health insurance is one of the top benefits employees look…
What’s Driving the Rise in Health Costs in 2022?
Employers should brace themselves for an expected rebound of care in 2022 which will likely increase healthcare spending by 6.5%, according to a recent national report. The cost to treat patients from one year to the next, assuming their health benefits remain the same, is the trend that drives projections in costs. Let’s take a…