Defined Contribution Plans Are Becoming Popular Out Of Necessity

Get Ready for Health Insurance Premiums to Be ‘Highest in Decades’

“Health-care premiums in workplace benefits plans are expected to rise 7% to 8%, on average, for 2025. Many workers will pay more next year for health insurance and other benefits given inflation, wider adoption of GLP-1 drugs and an increase in catastrophic medical claims. The rate increases make it important for employees to closely review insurance plans during open enrollment and consider high deductible options as one way to potentially lower costs.”  MORE >>