The COVID-19 pandemic drove more employers to offer voluntary benefits, and now employee-pay-all benefits are expected to play a greater role after the pandemic.
According to findings from consultancy Willis Towers Watson, 94 percent of large employers believe that voluntary benefits will be more important to their total rewards strategy going forward, compared with 36 percent of employers who deemed them to be important in 2018.
A total of 238 employers, who together employ 3.7 million workers, responded to the voluntary benefits section of the consultancy’s 2021 Emerging Trends in Health Care Survey, conducted from Feb. 23 to March 12.
