Wednesday, August 17th, 2022 A biweekly topical newsletter from PLANSPONSOR Health Care and HSAs Data, trends and strategies regarding health care benefits and health savings accounts (HSAs). SPONSORED AD Data and Research Plan Sponsors and Participants Cite Different ‘Important’ Benefits Although attention to workplace benefits has increased among employers, a new Transamerica Institute survey reveals a chasm between the benefits they value and those that workers prize. Data and Research Employers Face ‘Tension’ Between Health Care And Financial Wellness For employers seeking to limit health care costs, raising plan deductibles could be the path of least resistance, according to an EBRI issue brief. Benefits Helping Employees Prepare for Current and Future Health Care Costs Similar to the shift from defined benefit to defined contribution retirement plans, employees and retirees now need a plan for addressing health care costs. Data and Research Employers Are Focused on Remodeling Workplace Benefits Among large employers that responded to a Mercer survey, 11% offer free employee-only coverage in at least one medical plan option and another 11% are considering it. Administration Health Care Plan Sponsors Shorten Vesting Periods to Attract Talent An overarching trend for health care organizations is a focus on attracting and retaining talent with retirement plan design changes. Compliance Inflation Reduction Act Prescribes Fragmented Drug Pricing Reforms An employer trade association criticizes the bill for excluding the commercial market from prescription drug reforms. Did someone forward you this newsletter? Sign up here to get PLANSPONSOR Spotlight directly in your mailbox!

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