Employee retention and talent acquisition largely depends on whether your business offers a benefits package that meets or exceeds the standards of your peers and competitors. Alera Group’s fifth annual Healthcare and Employee Benefits Benchmarking Report provides data and insights gained by analyzing responses to a nationwide survey encompassing more than 6,200 employers, 14,000 medical plans and over 1 million employees.
You’ll learn about your peers’ and competitors’ cost drivers, funding, eligibility policies, employee contributions and strategies regarding medical, dental and vision coverage, Life and Disability Insurance, prescription drugs, wellbeing programs, voluntary benefits and more.
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2024 Healthcare and Employee Benefits Benchmarking Report
Employers who are now offering five pharmacy tiers, an 8% increase from 2023. Pharmacy rate increases and the high costs of specialty medications continue to pose challenges for many employers.
18%
To learn more about why these numbers are noteworthy, what our experts say they mean and how the data relates to your benefits program, download the report.
Large employers (i.e., 500+ employees) who switched to self-funding in 2024. Self-funding has grown in popularity, as employers seek cost-containment strategies.
55%
The number of the medical plans in this year’s survey who experienced a premium rate increase.
79%
Webinar
Benchmarking for the Win: How Does Your Benefits Program Rate?
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Key highlights from this year's survey