Rising Claims and Benefit Costs

Combating Benefits Costs with Personalization
and Flexibility

Healthcare costs have been on a steady upward trajectory over the past few years, and this trend continues into 2024. Employers should brace for costs to increase between 6% and 8.5%. This uptick is prompting both employers and employees to reassess their healthcare plans, aiming to strike a balance between comprehensive coverage and affordability.

Artificial Intelligence and Benefits

Leveraging AI for improved experiences

AI has the power to transform the benefits administration and enrollment experience for all who are involved. AI can reduce cumbersome processes and workload burdens through eligibility verification and facilitating communication about benefits.