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Survey: Public-sector employers want to cut employee benefit costs
Most public-sector employers want to cut employee benefit program costs，according to a new survey by Colonial Life & Accident Insurance Co.. Among public-sector human resources managers, 80 percent said their organizations were exploring ways to reduce employee benefits plan costs. More than half, 58 percent, said controlling costs is the benefit program's top priority. Many public-sector employers plan to change their benefits programs in the next year. Sixty-four percent are considering increasing employees' health insurance premiums, and 52 percent are looking at implementing wellness programs to promote healthy behavior. About 45 percent are considering raising employees' health insurance deductibles or copays.
Source:Insure.com