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Analysis

Large-Employer Benefit Trends in 2018

Offering more choices to employees appears to be driving the benefits trend.

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There’s a significant shift occurring in benefits packages offered by large employers. The focus is no longer all about plan cost containment. Instead, offering more choices to employees appears to be driving the benefits trend.

That’s what a survey of 540 large employers by Benefitfocus reveals. The benefits services provider found that employers offering plan members a high-deductible plan as an option along with a traditional plan has jumped more than 20 percent since the 2016 survey. The survey also underscored the increasing sophistication of plan members in understanding their benefits, as they are weighing the pros and cons of high-deductible versus traditional health coverage.

Benefitfocus extracted several major trends from the survey data, which came from employers with an aggregate 1.3 million covered employees:

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