# Employee Benefits * **Definition:** Compensation provided to employees in addition to their regular salaries, often including health insurance, retirement plans, and other perks aimed at enhancing their financial security and well-being. * **Taxonomy:** Healthcare Topics / Employee Benefits ## News * Selected news on the topic of **Employee Benefits**, for healthcare technology leaders * 13K news items are in the system for this topic * Posts have been filtered for tech and healthcare-related keywords | Date | Title | Source | | --- | --- | --- | | 5/12/2025 | [**1,000 PeaceHealth workers begin strike: 6 things to know**](https://www.beckershospitalreview.com/hr/1000-peacehealth-workers-begin-strike-6-things-to-know/) | [[Beckers Hospital Review]] | | 5/7/2025 | [**Hospital margins hit 3s expenses climb**](https://www.beckershospitalreview.com/finance/hospital-margins-hit-3-as-expenses-climb/) | [[Beckers Hospital Review]] | | 4/24/2025 | [**NY Freelance Protections Apply to Workers With Assistants - Bloomberg Law News**](https://news.bloomberglaw.com/employee-benefits/ny-freelance-protections-apply-to-workers-with-assistants) | [[Bloomberg Law]] | | 4/23/2025 | [**MSL Enters the European Employee Benefits Market With New Clients in Europe**](https://finance.yahoo.com/news/msl-enters-european-employee-benefits-181000425.html) | [[Yahoo Finance]] | | 4/10/2025 | [**HUB INTERNATIONAL ANNOUNCES NEW U.S. EMPLOYEE BENEFITS AND ... - PR Newswire**](https://www.prnewswire.com/news-releases/hub-international-announces-new-us-employee-benefits-and-retirement--private-wealth-leadership-appointments-302425930.html) | [[PR Newswire]] | | 4/10/2025 | [**HUB INTERNATIONAL ANNOUNCES NEW U.S. EMPLOYEE BENEFITS AND ... - Yahoo Finance**](https://finance.yahoo.com/news/hub-international-announces-u-employee-173000327.html) | [[Yahoo Finance]] | | 4/8/2025 | [**Judge Denies Swift End to Insurance-for-Data Suit Against DOL**](https://news.bloomberglaw.com/employee-benefits/judge-denies-swift-end-to-insurance-for-data-suit-against-dol) | [[Bloomberg Law]] | | 3/10/2025 | [**UAW President offers straight talk to workers on tariffs - TheStreet**](https://www.thestreet.com/automotive/uaw-president-offers-straight-talk-to-workers-on-tariffs) | [[TheStreet]] | | 1/22/2025 | [**Reliance Matrix Introduces TenCode Benefits - Yahoo Finance**](https://finance.yahoo.com/news/reliance-matrix-introduces-tencode-benefits-140000922.html) | [[Yahoo Finance]] | | 1/2/2025 | [**Alliant names senior vice president for Americas division - Yahoo Finance**](https://finance.yahoo.com/news/alliant-names-senior-vice-president-095256899.html) | [[Yahoo Finance]] | | 11/12/2024 | [**Ensurise, LLC Announces Partnership With Barker HR Consulting - PRWeb**](https://www.prweb.com/releases/ensurise-llc-announces-partnership-with-barker-hr-consulting-302301450.html) | [[PRWeb]] | | 10/15/2024 | [**Mployer Announces 2024 Winners of Fourth Annual 'Top Employee Benefits Consultant Awards' in Oklahoma**](https://www.prweb.com/releases/mployer-announces-2024-winners-of-fourth-annual-top-employee-benefits-consultant-awards-in-oklahoma-302274871.html) | [[PRWeb]] | | 10/15/2024 | [**Mployer Announces 2024 Winners of Fourth Annual 'Top Employee Benefits Consultant Awards' in Minnesota**](https://www.prweb.com/releases/mployer-announces-2024-winners-of-fourth-annual-top-employee-benefits-consultant-awards-in-minnesota-302274885.html) | [[PRWeb]] | | 10/10/2024 | [**Labour's employment rights bill: what key changes will it bring? - The Guardian**](https://www.theguardian.com/law/2024/oct/10/labour-employment-rights-bill-key-changes) | [[The Guardian]] | | 10/10/2024 | [**An upscale fragrance store is set to open in Minneapolis' North Loop - Star Tribune**](https://www.startribune.com/le-labo-north-loop-minneapolis/601160163) | [[Star Tribune]] | | 10/2/2024 | [**Mployer Announces 2024 Winners of Fourth Annual 'Top Employee Benefits Consultant ...**](https://www.prweb.com/releases/mployer-announces-2024-winners-of-fourth-annual-top-employee-benefits-consultant-awards-in-central-and-western-pennsylvania-302262227.html) | [[PRWeb]] | | 10/1/2024 | [**Mployer Announces 2024 Winners of Fourth Annual 'Top Employee Benefits Consultant ...**](https://www.prweb.com/releases/mployer-announces-2024-winners-of-fourth-annual-top-employee-benefits-consultant-awards-in-virginia-302262216.html) | [[PRWeb]] | | 9/5/2024 | [**Incentivizing Health: Unlock the Power of Financial Rewards - HR Executive**](https://hrexecutive.com/incentivizing-health-unlock-the-power-of-financial-rewards/) | hrexecutive.com | | 8/27/2024 | [**Mployer Announces 2024 Winners of Fourth Annual 'Top Employee Benefits Consultant Awards' in Mississippi**](https://www.prweb.com/releases/mployer-announces-2024-winners-of-fourth-annual-top-employee-benefits-consultant-awards-in-mississippi-302230132.html) | [[PRWeb]] | | 8/21/2024 | [**Capstone Group Announces Hiring of Lynsey Bentley, Employee Benefits Consultant**](https://www.prweb.com/releases/capstone-group-announces-hiring-of-lynsey-bentley-employee-benefits-consultant-302227168.html) | [[PRWeb]] | | 8/19/2024 | [**Paychex Launches Digital Employee Benefits Marketplace**](http://www.businesswire.com/news/home/20240819887676/en/Paychex-Launches-Digital-Employee-Benefits-Marketplace/?feedref=JjAwJuNHiystnCoBq_hl-Q-tiwWZwkcswR1UZtV7eGe24xL9TZOyQUMS3J72mJlQ7fxFuNFTHSunhvli30RlBNXya2izy9YOgHlBiZQk2LOzmn6JePCpHPCiYGaEx4DL1Rq8pNwkf3AarimpDzQGuQ==) | [[Business Wire]] | | 8/16/2024 | [**Employee Benefits are Evolving with Help from AI - Healthcare IT Today**](https://www.healthcareittoday.com/2024/08/16/employee-benefits-are-evolving-with-help-from-ai/) | [[Healthcare IT Today]] | | 8/13/2024 | [**Gibson Announces Key Leadership Promotions - PR Newswire**](https://www.prnewswire.com/news-releases/gibson-announces-key-leadership-promotions-302220461.html) | [[PR Newswire]] | | 8/6/2024 | [**Soluta and Boon-Chapman Announce the Appointment of New Chief Technology Officer, Sudha Kaki**](https://www.newswire.com/news/soluta-and-boon-chapman-announce-the-appointment-of-new-chief-22395898) | [[Newswire]] | | 7/30/2024 | [**Mployer Announces 2024 Winners of Fourth Annual 'Top Employee Benefits Consultant Awards' in Columbus, Ohio**](https://www.prweb.com/releases/mployer-announces-2024-winners-of-fourth-annual-top-employee-benefits-consultant-awards-in-columbus-ohio-302210422.html) | [[PRWeb]] | ## Topic Overview (Some LLM-derived content — please confirm with above primary sources) ### Key Players - **Mployer**: Recognizes top employee benefits consultants, emphasizing the importance of qualified benefits advisors. - **Businessolver**: A provider of benefits communication and automation tools to enhance employer communication strategies regarding employee benefits. - **Paychex**: A provider of employee benefits solutions that launched Paychex Flex Perks, a digital marketplace for diverse employee benefits. - **FINEOS Corporation Ltd**: A provider of employee benefits software solutions, particularly known for its Absence platform aimed at managing leave and absence for insurers. - **Jefferson Wells**: A professional services firm that provides insights into CFO priorities regarding employee benefits. - **Morrison Foerster**: A law firm that has expanded its Executive Compensation and Benefits Group with experienced partners specializing in employee benefits law. - **Kota**: An insurance fintech that powers Remote's Global Benefits platform, simplifying employee benefits management. - **Elevate**: A consumer-directed benefits administration platform recognized for modernizing outdated benefits technology. - **Inszone Insurance Services**: An insurance agency that acquired Employee Benefits Advantage to enhance its employee benefits offerings. - **Pacific Prime CXA**: An employee benefits broker recognized for its innovative HR management solutions. - **Sterling Brokers**: Acquired MB Pensions & Benefits Group, focusing on enhancing employee benefits accessibility and customization. - **Remote**: A platform that allows multinational companies to manage multi-country health insurance plans seamlessly, integrating with payroll systems. - **Lynsey Bentley**: Employee Benefits Consultant at Capstone Group, bringing expertise in healthcare and HRIS technology. - **Paul Crowley**: Vice President and Sales Leader for Employee Benefits at Holmes Murphy, with over 20 years of experience in health benefits. - **Hub International Limited**: A global insurance brokerage and financial services firm that provides a range of employee benefits solutions and has recently appointed new leadership in its Employee Benefits Practice. - **Matt Waldrup**: Executive Vice President of Product at bswift LLC, with extensive experience in benefits administration. - **OneAmerica Financial**: A financial services firm focusing on employee benefits, recently appointing a new vice president to enhance growth in this area. ### Partnerships and Collaborations - **Sounder Benefits**: Developed to provide AI-driven insights and strategic advisory services for employee benefits. - **Ensurise and Barker HR Consulting**: Partnership to enhance employee benefits practice and provide comprehensive HR consulting services. - **Inszone and MEBO Health & Benefits**: Inszone acquired MEBO to enhance its employee benefits division, focusing on personalized services. - **Remote and Kota**: Collaboration to provide a seamless integration of health insurance plans with payroll systems for multinational companies. - **FINEOS and Sutherland**: A strategic partnership aimed at transforming absence and leave management for U.S. employee benefit carriers through an AI-driven solution that enhances compliance and operational efficiency. - **EZE Cloud Consulting and Aptia Group**: EZE will provide application management services to enhance Aptia's operations in employee benefits administration. - **AffordaCare and ReminderMedia**: This partnership aims to provide the Champion Health Plan, which enhances health benefits for employees without additional costs. - **Reliance Health and Kantar**: Collaboration to release survey results highlighting the importance of health plans for businesses. - **Vori Health and Trustmark**: Partnered to provide orthopedic virtual care for small business group plan members. - **Oklahoma State University and Rezilient Health**: Partnered to provide eligible faculty and staff access to unlimited direct care at no out-of-pocket cost. - **Alliance for Women’s Health and Prevention**: A coalition urging employers to provide comprehensive obesity care coverage, emphasizing the need for collaboration in addressing health issues. - **Partners&**: An independent insurance broker that has partnered with YuLife to enhance insurance solutions and achieve high retention rates. - **SelectHealth and local healthcare systems**: SelectHealth partners with local healthcare systems to provide comprehensive care. - **Alera Health, Affiliated Network Providers, and Aurora Behavioral Health**: Collaborated to enhance coordinated care for individuals with behavioral health conditions in Arizona. - **Bergen New Bridge Medical Center and Inserra Supermarkets**: Opened a CareRite Now center to provide essential health services directly within the community. - **Hospitals and ASCs**: Collaboration between hospitals and ambulatory surgical centers (ASCs) to improve quality, recruitment, and financial stability in healthcare. ### Innovations, Trends, and Initiatives - **Employee Benefits Trends**: The Great Resignation has led to increased focus on employee benefits, with 90% of respondents valuing healthcare benefits and 83% valuing flexible work arrangements. - **Employee Benefits Growth**: The Employee Benefits sector reported a 14.9% organic growth rate, driven by increased business volumes and improved investment yields. - **Remote Global Benefits**: A platform that automates benefits administration, allowing companies to offer competitive, localized benefits essential for attracting and retaining talent. - **Emerging Employee Benefits**: Trends indicate a shift towards increased support for caregivers, remote work options, and enhanced family leave as workforce needs evolve. - **Paychex Flex Perks**: A digital marketplace offering 17 unique employee benefits products, allowing employees to self-select benefits tailored to their needs. - **Benefits Communication and Automation Engine**: Businessolver launched a suite of tools to improve employer communication strategies regarding employee benefits. - **Mployer's Top Employee Benefits Consultant Awards**: Recognizes brokerage offices based on client ratings and impact on employee satisfaction. - **Insights+**: Mployer's platform that allows employers to rate their benefits against similar companies, providing a comprehensive assessment and recognition package. - **Optavise Clear**: A new solution aimed at reducing employee confusion regarding benefits, providing personalized guidance. - **Elevate**: A cloud-based platform modernizing consumer-directed benefits administration. - **Flex Portal by Pacific Prime CXA**: A platform designed to streamline employee benefits administration for SMBs, enhancing engagement and reducing manual workloads. - **Alight's cloud migration**: Expected to yield $75 million in annual savings and improve efficiency in employee benefits management. - **AI and Automation in Benefits Administration**: Key trends include the adoption of AI and automation to reduce costs and enhance data security in employee benefits management. - **Elevate's Cloud-Based Solution**: Addresses common challenges in consumer health accounts, enhancing efficiency and security for benefits administrators. - **Demand for Family Benefits**: 94% of workers consider family benefits important, with a significant rise in demand for paid leave and reproductive health benefits. - **Personalized Healthcare**: A trend towards tailored health and wellness programs to meet diverse workforce needs, improving engagement and satisfaction. - **ICHRAs**: Individual Coverage Health Reimbursement Arrangements that allow employers to offer tailored health insurance benefits. - **Soluta's Insight platform**: Revolutionizes employee benefits administration by streamlining billing processes and integrating stakeholders. - **Leadership Changes**: Hub International and OneAmerica Financial have made significant leadership appointments to drive growth and innovation in their employee benefits divisions. ### Challenges and Concerns - **Complexity in Benefits Management**: Managing employee benefits across different jurisdictions can be complex and costly, necessitating streamlined solutions. - **Employee Satisfaction with Benefits**: Over 40% of employees rate their companies' work-family benefits as a 'C' grade or lower, indicating a need for improvement. - **Adoption of New Employee Benefits**: Despite an increase in private healthcare providers, the adoption of new employee benefits has been slow, indicating a gap in the market. - **Employee Engagement**: Many companies struggle with maintaining employee motivation and engagement, which can be improved through a strong Employee Value Proposition (EVP). - **Healthcare Cost Management**: Employers face rising healthcare costs and must ensure employees are aware of and utilize existing benefits. - **Underutilization of Benefits**: A lack of awareness and complexity often leads to underutilization of employee benefits, prompting the need for personalized healthcare options. - **Healthcare Costs**: Employers are prioritizing clear communication about benefits to manage rising healthcare costs. - **Outdated Employee Benefit Models**: Need to dismantle models prioritizing profit over patient outcomes, advocating for strategies that genuinely benefit employees. - **Trust in Healthcare Benefits**: Despite 94% of firms offering health benefits, only 56% of employees trust their employers to provide quality healthcare. - **Healthcare Affordability**: The rising costs of healthcare and employee out-of-pocket expenses remain significant concerns for businesses. - **Contract Negotiations**: Healthcare workers are negotiating for better pay and benefits, indicating ongoing challenges in employee satisfaction. - **Insurance Premium Increases**: Rising insurance premiums in the U.S. are becoming difficult for employers to manage within budgets, affecting employee benefits. - **Obesity Coverage**: The need for comprehensive obesity care coverage is highlighted as a significant concern for employers to address health issues and reduce costs. - **Economic Uncertainties**: The biopharma industry faces economic challenges that threaten innovation and growth, impacting employee benefits and job security. - **Disparity in Benefits Access**: While 80% of workers have access to paid sick leave, only 27% of non-union private industry workers have access to paid family leave. - **Rising Healthcare Costs**: Projected 8% increase in healthcare costs by 2025, creating budgetary pressures for employers. - **Labor Shortages**: Healthcare organizations face challenges related to labor shortages, impacting workforce retention and operational costs. - **Labor Costs in Healthcare**: Increasing labor costs are a significant concern for healthcare systems, affecting overall expenses. - **Regulatory Compliance**: Ongoing changes in legislation, such as California's pay transparency rules and workplace surveillance requirements, present new compliance challenges for HR professionals. - **Workplace Discrimination**: A lawsuit filed against a law firm highlights concerns about the lack of accommodations for employees with disabilities, raising issues about compliance with legal obligations. ## Related Topics [[Employee Development]]