Employee Benefits Report – March 2026
The 2026 Specialty Drug Surge: What Employers Need to Prepare For
Specialty drugs have been a major cost driver for years, but 2026 marks a significant shift in both scale and urgency. With GLP 1 medications expanding into new indications, gene therapies entering the market at record pace, and oncology drugs continuing to rise in both cost and utilization, specialty medications are projected to account for more than 60% of total pharmacy spending this year. Read on for details.
The New Era of Mental Health Parity Enforcement in 2026
Regulators Are Increasing Scrutiny
Federal agencies have made mental health parity enforcement a top priority in 2026, and employers sponsoring group health plans are feeling the impact. Regulators are no longer satisfied with high level assurances that plans comply with the Mental Health Parity and Addiction Equity Act (MHPAEA). Read on for details.
The Return of Onsite and Near Site Clinics in 2026
A Shift Back Toward Local Care
After several years of virtual first care, onsite and near site clinics are making a strong comeback in 2026. Employers are rediscovering the value of providing convenient, high quality care directly to employees — and in many cases, their families.
Read on for details.
Voluntary Benefits in 2026: Expanding Choice Without Raising Costs
Voluntary benefits continue to gain momentum in 2026 as employers look for ways to expand support without increasing core medical plan costs. Employees are seeking more personalized options, and voluntary benefits offer a flexible way to meet diverse needs Read on for details.
Insurance Buyers News – March/ April 2026
Commercial Insurance Outlook 2026: Property Finds Its Footing, Casualty Splits, Auto Deteriorates
As 2026 gets underway, commercial insurance buyers are navigating a marketplace that looks markedly different from the broad, relentless increases of the past several years. The story now is one of stabilization in commercial property, divergence across casualty lines, and continued deterioration in commercial auto. Read on for details.
Cyber Insurance Market Stabilizes as Security Controls Improve
After several years of sharp rate increases and tightening underwriting standards, the cyber insurance market is finally showing signs of stabilization. As more organizations adopt stronger cybersecurity controls … underwriters are gaining confidence that insureds are better equipped to prevent, detect, and contain cyber incidents. Read on for details.
Large Liability Claims Push Companies to Reevaluate Limits
The liability landscape has shifted dramatically over the past decade, and 2026 is proving no exception. As nuclear verdicts grow larger and social inflation continues to accelerate claim severity, many businesses are taking a hard look at whether their current liability limits are still adequate. Read on for details.
What Underwriters Look for in Cyber Submissions
As the cyber insurance market stabilizes, underwriters are placing greater emphasis on the quality and clarity of each submission. Strong cybersecurity controls can lead to better pricing, broader coverage, and more predictable renewals — but only when they are well‑documented. For 2026 renewals, businesses should understand the key elements underwriters evaluate. Read on for details.
Employee Benefits Report – February 2026
2026 Compliance Update: More on Last Month’s Key Regulatory Changes
In our January issue, we outlined the major compliance themes shaping 2026. This month, we build on that foundation with a deeper look at the annual updates, effective dates, and action steps employers need as the new year begins. Read on for details.
How Employers Are Responding to Rising Employee Expectations in 2026
Over the past two months, several major surveys — including the 2025 SHRM Employee Benefits Survey, the ADP TotalSource Employee Benefits Survey, and the 2025 National Benefits Survey — have painted a clear picture: employees are demanding more meaningful, more personalized, and more supportive benefits than ever before. Employers, facing a tight labor market and rising competition for talent, are responding by reshaping their benefits strategies around five core themes. Read on for details.
Telehealth in 2026: How Virtual Care Is Transforming Access, Quality, and Cost
Telehealth has moved far beyond the video visit boom of the pandemic. In 2026, virtual care is becoming a core component of the U.S. healthcare system — improving access, reducing administrative burden, and lowering costs for employers and employees alike. New technologies, expanded reimbursement, and AI driven tools are reshaping how care is delivered across specialties. Read on for details.
What the Latest Surveys Reveal About Employee Expectations
Recent national surveys offer a clear, numbers driven picture of what employees value most — and where employers are investing to stay competitive. Here are the most significant findings, grouped by survey. Read on for details.
Employee Benefits Report – January 2026
Compliance Updates for 2026
As 2025 closes, several pressing compliance issues will shape your responsibilities in 2026. Updated PCORI fees, Affordable Care Act (ACA) reporting obligations, state-level mandates, and new federal requirements such as gag clause attestations are all on the horizon. Read on for details.
AI Powered Benefits Solutions: Navigating Rising Costs in 2026
Health benefit costs are projected to rise nearly 9% in 2026, putting significant pressure on employers to balance affordability with employee satisfaction. Against this backdrop, artificial intelligence (AI) is emerging as a transformative tool in the benefits space. By personalizing offerings and automating administration, AI promises to reduce costs while enhancing the employee experience. Read on for details.
Health & Welfare Benefits Year End Roundup: 2025 Regulatory Highlights
As 2025 draws to a close, employers and benefits professionals face a shifting regulatory landscape that will shape health and welfare programs in 2026 and beyond. This year’s developments underscore the government’s dual priorities: expanding access, modernizing benefit delivery, and balancing compliance with practical flexibility. Below is a roundup of the most significant regulatory highlights. Read on for details.
Judicial and Legislative Developments in Employee Benefits: Year End 2025
As 2025 closes, employers face not only regulatory updates but also judicial decisions and legislative shifts that will influence benefit plan design in 2026. Mayer Brown’s year end advisory highlights several developments that deserve attention from plan sponsors and fiduciaries. Read on for details.
Insurance Buyers News – January / February 2026
Rate Trends in Commercial Insurance: Property Stabilizes, Casualty Splits, Auto Struggles
As 2026 begins, commercial insurance buyers are encountering a marketplace that looks very different from the relentless rate hikes of recent years. The story now is one of stabilization in property insurance, divergence in casualty lines, and continued challenges in commercial auto. Read on for details.
Regional Catastrophes,National Lessons
The year 2025 was one of the costliest on record for insured catastrophe losses. California wildfires and Gulf Coast hurricanes alone drove insured losses exceeding $100 billion globally, with U.S. events accounting for more than 90%. Read on for details.
Regulatory Priorities for 2025:
Resilience, Solvency, and Innovation
In 2025, the National Association of Insurance Commissioners (NAIC) outlined a set of federal legislative and regulatory priorities designed to strengthen the U.S. insurance system. These priorities — resilience, solvency, and innovation — reflect the challenges facing insurers and policyholders alike in a rapidly changing risk environment.
Read on for details.
Liability Limits and Large Loss Trends
The liability insurance landscape is shifting rapidly, and the changes are being felt across industries. Chubb’s 2025 benchmark report highlights a clear trend: escalating jury awards and higher liability limits are reshaping how businesses must think about their exposure to risk. Read on for details.
Employee Benefits Report – December 2025
Personalization Now a Baseline Expectation in Employee Benefits
In 2025, personalization has moved from “nice to have” to “non-negotiable.” Employees expect benefits that reflect their individual needs, values, and life stages. Static, one-size-fits-all plans are being replaced by flexible, modular offerings that empower employees to choose what matters most. Read on for details.
Fertility, Family Planning, and Parental Leave Are Front and Center
In 2025, family-building support has emerged as a defining priority in employee benefits strategy. Fertility coverage, inclusive parental leave, and caregiving support are no longer niche offerings — they’re central to how employees evaluate workplace value. As life paths diversify and caregiving responsibilities expand, benefits managers are rethinking what it means to support the whole employee. Read on for details.
Retirement Confidence Is Low — and Plan Design Matters
In 2025, retirement readiness remains one of the most quietly urgent concerns among employees. While many workers feel confident about covering short-term expenses, long-term financial security is far less certain. The gap between confidence and clarity is widening — and benefits managers are being called to bridge it. Read on for details.
Wellness Programs Must Prove Their Value
In 2025, wellness programs are under the microscope. Once celebrated as feel-good perks, they’re now expected to deliver measurable impact — not just participation rates. Employers want to know: Are these initiatives improving health outcomes, reducing absenteeism, and lowering healthcare costs? Read on for details.
Employee Benefits Report – November 2025
Compliance Update: Gag Clause Attestations, Contraceptive Coverage Ruling, and SF Ordinance Impacts
As Q4 begins, benefits managers face a trio of compliance developments with implications for plan design, documentation, and year-end filings. Two are federal in scope, while one local ordinance continues to affect employers nationwide. Read on for details.
LIMRA Research: Broker Role Expanding as Strategic Benefits Advisors
New research from LIMRA reveals a significant shift in how employers engage with benefits brokers. Once viewed primarily as transactional intermediaries, brokers are now increasingly relied upon for consultative support—especially in the areas of plan design, cost containment, and digital tools.
Read on for details.
Benefits Administration Update: MLR Rebates, Texas SB 1332, and Year-End Priorities
As the final quarter of 2025 begins, several developments in benefits administration are reshaping how employers manage compliance, coverage, and communications. From rebate distribution rules to state-level legislation, benefits managers should take note of key updates that may affect plan operations and documentation heading into year-end. Read on for details.
Compliance & Coverage Clarifier: Gag Clauses and Contraceptive Rules
As year-end compliance tasks ramp up, two areas of regulatory scrutiny deserve closer attention: gag clause attestations and recent changes to contraceptive coverage exemptions. Under the Consolidated Appropriations Act, employer-sponsored health plans must attest by December 31, 2025 that they do not include “gag clauses” in contracts with third-party administrators or provider networks. But what exactly qualifies? Read on for details.
Insurance Buyers News – November/December 2025
The Surging Role of the E&S Market in Business Insurance
In today’s volatile risk landscape, the Excess & Surplus (E&S) lines market has become a vital lifeline for business insurance buyers and their brokers. Once considered a niche solution for hard-to-place risks, E&S carriers are now front and center in responding to both traditional and emerging exposures that standard markets increasingly shy away from. Read on for details.
Climate Risk and Supply Chain Fragility: A New Era of Insurance Strategy
As businesses confront a rapidly shifting risk landscape, two forces are reshaping how insurance buyers and brokers think about coverage: climate-driven catastrophes and fragile global supply chains. Together, they’re driving innovation in insurance products and prompting a strategic reassessment of exposures that were once considered manageable. Read on for details.
Reinsurance Under Pressure:
How Market Shifts Are Reshaping Risk and Coverage
Reinsurance is the financial backbone of the insurance industry — a behind-the-scenes mechanism that allows primary insurers to assume risk with confidence. By transferring portions of their exposure to reinsurers, carriers can write larger policies, stabilize loss ratios, and protect themselves from catastrophic events. In essence, reinsurance enables insurers to “front” for risk while maintaining solvency and pricing discipline. Read on for details.
AI and Automation Are Reshaping Insurance Operations
Artificial intelligence (AI) and automation are no longer fringe technologies in the insurance industry — they’re now central to how carriers, brokers, and clients manage risk. From underwriting to claims processing to fraud detection, AI is transforming the operational backbone of insurance, delivering speed, precision, and insight that were previously out of reach. Read on for details.
Employee Benefits Report – October 2025
Mental Health Benefits Go Mainstream: What Employers Need to Know
Once considered a niche offering or a reactive add-on, mental health benefits have now moved to the center of the employee experience. In 2025, nearly half of U.S. employers offer some form of mental health support beyond traditional EAPs—a sharp rise from just 30% in 2023. This shift isn’t just cultural; it’s strategic. Read on for details.
Balancing Benefits Costs with Talent Strategy in 2025
In today’s competitive labor market, benefits managers are walking a tightrope: controlling rising costs while delivering packages that attract and retain top talent. According to SHRM’s 2025 Employee Benefits Survey, this balancing act is now one of the most pressing challenges facing HR leaders. Read on for details.
Supplemental Health Products Surge as Employees Seek Layered Coverage
In a year defined by rising healthcare costs and shifting employee expectations, supplemental health insurance products are experiencing a notable surge. According to LIMRA’s latest workplace benefits sales data, accident, critical illness, and hospital indemnity insurance sales rose 11% year-over-year through the third quarter of 2024. Read on for details.
CBT: A Strategic Tool for Mental Health Benefits
Cognitive Behavioral Therapy (CBT) is a short-term, evidence-based approach that helps individuals identify and reframe negative thought patterns to improve emotional well-being. By focusing on the connection between thoughts, feelings, and behaviors, CBT empowers employees to manage stress, anxiety, and depression—conditions that account for a significant portion of workplace absenteeism and productivity loss. Read on for details.
Employee Benefits Report – Sepember 2025
SECURE 2.0 Implementation: A New Era in Retirement Planning
The SECURE 2.0 Act, passed in late 2022 and now in active rollout through 2025, is reshaping the landscape of workplace retirement planning. Designed to expand access, modernize plan design, and improve financial preparedness, the law introduces over 90 new provisions—many of which are now surfacing in HR departments across the country. Read on for details.
Putting Health Equity into Practice: SDOH Integration Takes Center Stage
As healthcare costs continue their upward trajectory and disparities remain persistent across employee populations, a new lens is reshaping how employers approach benefits design—Social Determinants of Health (SDOH). From zip code to food access, education to transportation, SDOH factors account for more than 80% of health outcomes. In 2025, savvy employers are turning this challenge into opportunity. Read on for details.
Self-Funding in 2025: Still Strong, But Evolving Fast
Self-funded employee benefit plans continue to be a powerful tool for employers looking to control costs and customize coverage. As we move further into 2025, momentum remains strong. But with rising healthcare expenses and shifting regulatory pressures, both employers and their brokers are being called to rethink and refine their approaches. Read on for details.
Stop-Loss Costs: A Growing Challenge
One of the most pressing issues in self-funding today is the surge in stop-loss premiums. Factors like specialty drug costs, rising chronic condition prevalence, and multi-million-dollar inpatient claims have made risk coverage more expensive and complex.Read on for details.
Insurance Buyers News – September/October 2025
Cybercrime in the U.S. — Escalation and Adaptation
According to the FBI’s Internet Crime Complaint Center (IC3), more than 1 million cybercrime complaints were filed in 2024, representing over $12.5 billion in reported losses—a staggering 30% jump from 2023. And as 2025 unfolds, early indicators suggest even greater vulnerability across sectors.Read on for details.
Three Key Terms Business Insurance Policyholders Should Understand
While it’s a good idea to read your insurance policy, hardly anybody does. The important thing is to understand what’s in it. Here are three concepts to know about how your insurance works.
Read on for details.
The State of D&O Insurance in 2025
Directors and Officers (D&O) liability insurance continues to evolve in 2025, shaped by litigation trends, regulatory shifts, and emerging technologies. After several years of softening premiums, the market is showing signs of stabilization. While pricing remains competitive, underwriters are increasingly cautious, especially in sectors facing heightened litigation or regulatory scrutiny.Read on for details.
Emerging D&O Risks That Demand Board-Level Attention
As D&O insurance evolves, so do the exposures that trigger coverage. Here’s a closer look at four increasingly relevant risks that directors and officers must navigate with precision:Read on for details.
Employee Benefits Report – August 2025
New Compliance Rules Ahead: What the OBBB Means for Your Benefits Team
Signed into law by President Trump on July 4th, the “One Big Beautiful Bill” (OBBB) is already making waves in tax policy and Social Security headlines. But for employee benefits administrators, the bill quietly ushers in key updates that will reshape plan design, compliance, and employee communication in the months ahead. Read on for details.
AI-Powered Benefits Administration: The Next Frontier in HR Efficiency
As artificial intelligence (AI) continues to transform industries, employee benefits administration is emerging as one of the most promising areas for innovation. From streamlining open enrollment to delivering personalized support and ensuring compliance, AI-powered tools are helping HR teams do more with less—while improving the employee experience along the way. Read on for details.
Mental Health Parity Compliance: What Employers Need to Know in 2025
As mental health continues to take center stage in workplace wellness, employers are under increasing pressure to ensure their group health plans comply with the Mental Health Parity and Addiction Equity Act (MHPAEA). For HR leaders, CFOs, and plan administrators—2025 is shaping up to be a pivotal year for parity compliance, with heightened regulatory scrutiny and a renewed focus on enforcement. Read on for details.
Key Effective Dates for Benefits-Related Provisions in OBBB
Benefits Admin Action Items
- Review documents with TPAs by Q4 2025
- Prep open enrollment comms for 2026
- Coordinate payroll + compliance for updated tax rules
- Consider offering Trump Accounts + Dep-Care FSA
- Track Medicaid/SNAP reforms for impact on hourly workforce.