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CHARLESTON, S.C., May 25, 2021 /PRNewswire/ Benefitfocus, Inc. (NASDAQ: BNFT), an industry-leading benefits technology platform that simplifies benefits administration for employers, health plans and brokers, has released the second in a series of reports in its State of Employee Benefits™ 2021, in this case focusing on the trends across midsize employer groups, defined as employers with 100-999 employees.
The report explores how an evolving multi-generational workforce and the impact of COVID-19 affected health care costs and health plan design for midsize employers. It compares their response to large employers (1,000+ employees) and the potential impact on employees. The first report of the State of Employee Benefits 2021 series analyzed employee benefit plan design and participation for large employers.