Reference-based pricing (RBP) is a cost-containment strategy that uses a reference price, such as Medicare rates, to determine reimbursement rates for medical services. RBP can help organizations control healthcare costs and encourage pricing transparency, but it is important to consider all factors before implementation.

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In the new world of remote and hybrid work, addressing proximity bias is essential. Discover its impact on workplace dynamics and explore strategies to create a level playing field for all team members.

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Financial stress can adversely affect employees, leading to reduced productivity and heightened mental health concerns. Explore holistic solutions that employers can implement to address this issue.

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As healthcare costs continue to rise, employers are exploring ways to mitigate expenses without compromising their employees’ healthcare coverage. A consumer-driven health plan could be the answer. Discover more here.

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Student loan repayments resume in October, and many employees are facing financial uncertainty. Employers can help by offering student loan repayment assistance, financial education, and other resources.

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Mental health is an essential component of your employees’ overall well-being, influencing their stress management, interpersonal interactions, and workplace productivity. Dive into our three-part series on prioritizing mental health, packed with best practices and resources for HR leaders. Part one: know your population

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As businesses expand worldwide and employees continue to work from anywhere, global benefits are becoming increasingly important to remain competitive. Here are a few strategies our Global Benefits Practice recommends.

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Communicating benefits to employees early gives them more time to understand their options and ask questions. This can help them make more informed decisions about their benefits and be more engaged in the process. Get a head start on the 2024 open enrollment season with these tips.

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We asked ChatGPT to identify five important trends that will impact employee benefits in the United States over the next ten years, and the results reflected many of the strategies that clients discuss with us daily. In this five-part series, we will discuss each of these trends and how our consulting teams work with HR leaders and executives to address each of them.

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