Updated
Updated · Insurance News Net · Jul 16
Employers Prioritize Retention While 94% Target Medical Costs in 2026 Benefits Plans
Updated
Updated · Insurance News Net · Jul 16

Employers Prioritize Retention While 94% Target Medical Costs in 2026 Benefits Plans

2 articles · Updated · Insurance News Net · Jul 16

Summary

  • 94% of employers said controlling medical costs is important in 2026, according to Marsh McLennan Agency’s sixth annual benefits survey, even as retention and engagement remained the top workplace priority.
  • 50% of employers named retention their most important HR initiative for the next two years, with professional development, career advancement and flexible work arrangements still central to keeping staff.
  • 39% are changing medical carriers, 35% are adding targeted cost-control programs, and 29% are shifting more costs to workers through higher medical plan contributions.
  • More than half are considering higher deductibles, coinsurance or out-of-pocket maximums over the next 12 months as they brace for further benefit cost increases.
  • 36% offer employee well-being plans, leaving disease-management support a gap even though 60% of the U.S. workforce has at least one chronic condition.

Insights

When rising healthcare costs are passed to employees, is workplace flexibility enough to ensure their loyalty?
With employers restricting costly weight-loss drugs, what is the next frontier for managing employee health and benefits?
As new laws dismantle non-compete agreements, how will companies fundamentally change their strategies to retain top talent?