Benefits account for nearly 30 percent of employers’ compensation costs, according to the U.S. Bureau of Labor Statistics. What can employers do to battle benefit cost inflation?
Group medical costs represent the single most costly benefit, with average premiums of $5,429 for single coverage and $15,073 for family coverage, according to the 2011 Kaiser Family Foundation survey “Employer Health Benefits.” … [464 word article, October 2010]