Amwins Connect provides insightful articles that cover various topics as resources to brokers and agencies of all sizes within the Group Benefits industry. As a General Agency, Amwins Connect is always working hard to provide product knowledge and relevant health insurance information. This recap includes topics ranging from the overwhelm felt by HR executives about benefits, the top health and benefit strategies for 2023, how flexible work arrangements are changing benefit needs and the continual increase in ROI for health insurance.

 

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July 2022

 

HR Execs Are Overwhelmed About Benefits 

HR execs are facing challenges on all fronts. Sixty-three percent say they feel overwhelmed about making the best employee benefit choices for employees, according to a survey by Quest Diagnostics.


8 Top Health and Benefit Strategies for 2023

It looks like 2023 may be the year for enhanced employee benefits. Seventy percent of large employers and 53% of small employers plan to enhance their options for 2023. A recent Mercer survey reveals some top strategies that employers are considering. 

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Benefits Need to Shift For a Flexible Workforce 

Remote, hybrid, and flexible work arrangements have changed what employees need in benefits, according to a study by Arizent and Ameritas. 

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The ROI on Health Insurance Is Growing 

Employers with 100 employees or more get back $1.47 for every dollar they spend on health insurance-related costs in 2022. That’s an ROI of 47%. That figure is expected to grow to 52% by 2026, according to a new study from Avalere Health.