4 Employee Benefits Trends to Watch in 2022

4 Employee Benefits Trends to Watch in 2022

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1. A virtual benefits enrollment experience is here to stay

The pandemic proved that a virtual open enrollment process is not only possible to execute but incredibly effective, too.  Whether your workforce is operating in-person, completely remotely or in a hybrid model, a digital benefits enrollment experience is the best way to reach every employee and ensure maximum participation in your benefits offerings.

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1. A virtual benefits enrollment experience is here to stay

So, how can employers ensure that they’re prepared to execute a successful virtual open enrollment? Careful preparation and a well-thought-out employee communications plan are key. 

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2. Rising health care costs continue to be an obstacle for employers

Employers have been facing higher health care costs in recent years, and that issue is unlikely to disappear any time soon.  In 2020, employers' total annual health care cost per active employee in the U.S. was approximately $13,728, up from $11,750 in 2015, according to a study conducted by Statista.

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2. Rising health care costs continue to be an obstacle for employers

These rising costs have prompted employers to pursue unique cost-containment strategies.

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3. Voluntary benefits are becoming increasingly popular

The Great Resignation has exposed the importance of comprehensive benefits to employees, and voluntary benefits are on the rise as employers strive to strengthen recruiting and retention efforts. Potential new hires are turning to organizations that go the extra mile in their offerings, from identity theft insurance to pet insurance. Amid the 

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3. Voluntary benefits are becoming increasingly popular

pandemic and volatile economic times, people want the peace of mind that this extra protection gives them.

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4. Mental health services must be prioritized

The pandemic left many employees feeling isolated, fearful of the future and in need of support. It’s up to employers to do what they can to help by offering access to mental health resources and support. To gain clarity on how your mental health services stack up against the competition, fill out our interactive mental health scorecard. This resource will 

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4. Mental health services must be prioritized

help you discover opportunities for improvement in your current offerings so you can create a stand-out mental health program.

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