HDHP Enrollment Fell Below 50% in 2023 Enrollment in high deductible health plans (HDHPs) fell in plan year 2023, marking the second consecutive year of decline. The ValuePenguin study findings show that 49.7% of private-sector employees were enrolled in HDHPs in 2023, down from 53.6% in 2022. ValuePenguin reported enrollment reached its highest at 55.7% […]
Tag: Voluntary Benefits
Life Insurance at Work: Your Guide to Voluntary Coverage We all juggle life’s different responsibilities, and ensuring our loved ones are financially secure in case of our passing should be a top priority. Life insurance offers a safety net but typically the amount of coverage included as a standard company-paid life insurance policy isn’t enough […]