Over the past 12 months, according to the 2015 Employee Benefits: A Research Report by Society for Human Resource Management (SHRM), employers have been offering about the same number of employee benefits, but the composition of those benefits plans is changing.
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The Executive Summary states, “[o]f the hundreds of types of benefits that organizations provide to their employees, health care remains the driver for how those benefits plans are composed, particularly as employers continue to weigh the various effects of the Affordable Care Act (ACA).”
While few organizations are eliminating health care benefits entirely, notes SHRM, “many are changing the composition of those plans—in some cases relying more heavily on a preventive approach that can reduce health care expenses—and shifting a greater burden of costs onto employees as well.”