With concerns about rapidly rising costs, this is the first time in many years that mental health is not employers' top employee benefits priority for the year ahead.
The 'staggering' cost of pharmacy drugs is driving most of the increase, says Ellen Kelsay of the Business Group on Health, which released new data this week.
A handful of these voluntary benefits are perennial favorites with employers, while others, like identity theft protection plans, are gaining steam among offerings.
As the pace of change accelerates, Citizens bank is structuring its workforce and tapping HR tech to meet evolving demands, according to CHRO Susan LaMonica.
The FDA's decision on Aug. 9, 2024, not to approve MDMA to treat PTSD marks a blow to a small but growing number of employers offering healthcare coverage for psychedelic drugs to treat mental health issues like depression.
