Take a political position on benefits



The presidential debates are finally over and the elections are only a few weeks away. Will Hillary Clinton win the popular vote and maintain Democratic Party rule for another four years, or will Donald Trump break the liberal streak and usher in new conservative policies in office? oval?

From healthcare transparency to paid family leave, the International Foundation of Employee Benefit Plans survey report “2016 Election: Employee Benefit Issues” examines campaign issues that have a huge impact on the workplace. United States.

“Several important benefits issues became key issues in this year’s election,” says Julie Stich, CEBS, associate vice president of content at IFEBP. “Our survey results show that employers support a diverse mix of benefits issues being debated. “

Among the issues related to health care, employers have shown their support for:

  • More transparency on the prices of health care providers at 96%.
  • Health coverage provided by the employer with tax status advantageous for employers at 87%.
  • Small Business Health Plans, or Association Health Plans, which allow small businesses and other groups to come together to provide benefits to their workers and members, of which 85% were surveyed.
  • Increased access to mental health care to 84%.
  • Advantageous tax status of employer-provided health coverage for workers at 82%.

Joe Ellis, senior vice president of CBIZ Benefits & Insurance Services, notes the following points regarding the investigation and his own observations on important employee benefits issues for employers with the upcoming elections on the horizon.

“If an employee is going to see a supplier, a surgeon, etc., they would like to know how much it’s going to cost,” says Ellis. “It’s a very difficult thing to know because the price depends on who you are and how much insurance coverage you have.

Ellis added that medical care will generally reimburse at the lowest level and private insurance companies will reimburse the provider at all costs as that is what they individually negotiate with that provider.

“Supplier A will reimburse at a level [and] insurance company B will reimburse the provider at a different level, “says Ellis.” The problem is, people demand price transparency, but it’s virtually impossible to get price transparency for a particular service. “

Other benefits related topics that employers support are:

  • The tax status of employer-provided retirement savings for workers at 91%.
  • The tax status of employer-provided retirement savings for employers at 88%.
  • Tax exemption for childcare costs at 75%.
  • Tax credits for companies that hire apprentices at 64%.
  • Grouping of the different types of retirement savings vehicles at 60%.
  • Living wage or minimum wage increased to 59%.
  • Compulsory family leave paid at 54%.

“The world of services is constantly evolving [and] whatever the outcome of the election, the benefits will evolve, ”says Stich. “To protect the financial future and the health of their employees, employers will need to understand and adapt to changes in benefits.”

Ellis says tax benefit status is the second most important issue for employers because when employers pay for an employee’s health care, they don’t get the amount of money included in their income.

“Employers want to maintain tax benefit status and they are concerned that the federal government will take it away from them,” Ellis said. “Given that both presidential candidates appear to be in favor of removing the Cadillac tax from the ACA, I believe tax favor status will always remain a key issue for employers, but I don’t see it as a major issue that will be affected by this election.

Responses to the survey included 486 HR and benefits professionals representing all sectors: public employers, businesses or single employers, and multi-employer plans. The organizations represent a large base of US employers from nearly 20 different industries and range in size from under 50 to over 10,000 employees.


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