Ahead of open enrollment, employees are preparing for a rise in their benefits costs in 2024, with more worrying about increased costs this year than last, when inflation was red-hot.
A new survey from financial services firm Voya finds that a majority (79 percent) of working Americans strongly or somewhat agree that they are worried their workplace benefits will cost them more this open enrollment season because of inflation. That's an increase from 66 percent in June 2022, when inflation was at its peak.
As Open Enrollment Nears, More Employees Voice Cost Concerns
SHRM | Sep 2023
How can employers ensure they make open enrollment a success? Lots of strategies come into play, from old and new communication techniques to promoting available voluntary benefits and talking with employees about rising health care costs.
How to Have a Successful Open Enrollment
SHRM | Aug 2023
Hub Page Open Enrollment
Express Request Health Care Costs Projections 2024
Express Request Health Plan Model Notices
SHRM
Open Enrollment Tips for Employers: Steps to Success
Woodrufff | Sep 2023
Planning for Open Enrollment? Note the ACA Affordability Threshold Drop
Bass | Sep 2023
Preparing for Open Enrollment 2024
Bolton | Aug 2023
How is Inflation Impacting 2024 Open Enrollment?
CBIZ | Aug 2023
Planning for 2024: Employers will Enhance Benefits, Avoid Cost-Shifting
Mercer | May 2023
SHRM MEMBERS' SURVEY: Tell us what you think about the Express Request self-service feature in four quick questions.
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