Well over half of U.S. employers use 401(k)s and other defined contribution plans to encourage their employees to save for retirement, collectively spending more than $118 billion in match contributions and encouraging employees to save another $175 billion every year, according to a January 2013 report, "The Retirement Breach in Defined Contribution Plans: Size, Causes and Solutions."
On Jan. 2, 2013, the Internal Revenue Service published in the Federal Register a proposed rule, “Shared Responsibility for Employers Regarding Health Coverage,” that provides details regarding the requirement that employers with 50 or more full-time employees or full-time equivalents offer employees health care coverage with “minimum value,” beginning in 2014.
Decisive action by employers in 2012 -- in particular, moving more employees into consumer-directed health plans (CDHPs) and beefing up health management programs -- was rewarded with the lowest average annual cost increase since 1997, according to HR consultancy Mercer's National Survey of Employer-Sponsored Health Plans, released in November 2012. The survey is conducted annually among U.S.
Annual premiums for employer-sponsored family health coverage reached $15,745 in 2012, up 4% from 2011, with workers on average paying $4,316 toward the cost of their coverage, according to the not-for profit Kaiser Family Foundation (KFF) and Health Research & Educational Trust (HRET)'s 2012 Employer Health Benefits Survey report.
Premiums for worker-only health coverage increased 3% in 2012 to reach $5,615 annually. Workers on average pay $951 toward this coverage.
Annual premiums for employer-sponsored family health coverage reached $15,745 in 2012, up 4% from 2011, with workers on average paying $4,316 toward the cost of their coverage, according to the not-for profit Kaiser Family Foundation (KFF) and Health Research & Educational Trust (HRET)'s 2012 Employer Health Benefits Survey report.
Premiums for worker-only health coverage increased 3% in 2012 to reach $5,615 annually. Workers on average pay $951 toward this coverage.