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Rising Healthcare Costs: What Higher Premiums Mean for Employers

Rising Healthcare Costs: What Higher Premiums Mean for Employers

Why Premiums Are Soaring Employers are seeing group health plan costs climb faster than almost any other business expense. Prescription drug prices have skyrocketed, particularly for biologics and specialty drugs that can cost tens of thousands of dollars per patient each year. Hospitals and outpatient treatments are charging more as they face staffing shortages and […]
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Group Benefits vs. Higher Salaries: What Employees Really Value

Group Benefits vs. Higher Salaries: What Employees Really Value

When it comes to attracting and retaining top talent, many employers default to salary as the ultimate bargaining chip. It’s a tangible number, easy to compare, and hard to ignore. But in today’s evolving workforce, compensation is more than just a number on a paycheque. Employees are looking for meaningful, long-term value, and for many, that […]
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Americans are feeling more confident about their finances and retirement readiness, according to new data on 401(k) and health savings account (HSA) balances. Supported by greater savings rates and positive market performance, average account balances grew significantly from 2023 to 2024.

Higher Confidence Drives Increased 401(k) and HSA Contributions

Americans are feeling more confident about their finances and retirement read­iness, according to new data on 401(k) and health savings account (HSA) balances. Supported by greater savings rates and pos­itive market performance, average account bal­ances grew significantly from 2023 to 2024. Big Jump in Average 401(k) Balances The average 401(k) account balance at the end […]
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