As healthcare costs continue to climb and employees’ share of premiums rise, it becomes increasingly important for them to understand their health plan options during open enrollment.
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“Employees are funding 90 percent more in medical products than they were 10 years ago,” according to Kaiser Family Foundation research, says Chris Hill, CEO of Spotlite, a benefits administration company.
“Benefits have become a consumer experience. No matter where you’re getting your benefits from, you’re paying more for them. It’s a simple fact.”
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