News

May 5, 2016

Benefitfocus released a report called the State of Employee Benefits 2016, which describes how employers are bringing greater financial responsibility for health plans back onto the employees.

May 4, 2016

Millennial employees—18 to 34 years old—selected high deductible healthcare plans more than any other age group. However, while approximately 44% of employees in this group chose HDHPs, a much smaller number of these employees took full advantage of health savings accounts (HSAs), according to Benefitfocus inaugural “State of Employee Benefits 2016” report.

May 4, 2016

Benefit selection data from nearly 2,400 midsize employers (100-999 employees) reveals that few of these organizations offer high-deductible health plans, but the average PPO plan carries deductibles high enough to legally classify them as HDHPs under government limits.

May 3, 2016

Benefitfocus CEO Shawn Jenkins says the report shows that HDHPs are being well received, as employees look to select plans that fit their lifestyles. So to attract and retain talent, Jenkins expects to see employers drive more choice and innovation in both the type of benefits and the process of choosing a plan they offer.

Benefitfocus In the News - SHRM
May 3, 2016

As health care costs continue to rise, more employers are funding health savings accounts (HSAs) and flexible spending accounts (FSAs). Yet adoption is low at both large and midsize companies, as eligible employees contributed on average less than half the maximum amount allowed, reports Benefitfocus, the provider of a cloud-based benefits management platform.

May 3, 2016

More than one-third of employees at midsize companies opt for high-deductible health plans over traditional coverage options, according to a study released by Benefitfocus.

May 3, 2016

Traditional PPO and HMO policies still dominate consumer choice when it comes to midsize employers, but more than two-thirds of employees would choose a high-deductible plan given the option, according to a new study from Benefitfocus.

May 3, 2016

Four in 10 millennials over the age of 26 will select a high deductible health plan when employers offer one as an option. That’s among the major takeaways of the data crunch Benefitfocus did on employer health plan data from 2,400 midsized employers.

April 28, 2016

Now, six years into the ACA world, with these expanded choices and new avenues for purchasing and procuring health care, employers must shift the role they play in benefits beyond just enrolling employees in plans.

April 27, 2016

Matthew Brown, vice president, design & user experience at Benefitfocus was recognized by the The Dig|Benefits Technology Innovator Awards. Brown was among the 50 visionaries who are driving technology innovation, overcoming organizational and technology barriers, deploying leading-edge technology, and shaping benefit technology regulation and policy.

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