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July 2025 Volume 23, Number 7 | |||||
The New Benefits Employees Want—And Why Employers Are HesitantAs workplace benefits evolve, employees are increasingly demanding personalized health and wellness perks that go beyond traditional offerings. Two major trends—weight loss drug coverage and fertility benefits—are reshaping employer-sponsored healthcare, but companies remain divided on whether to fully embrace these changes. Weight Loss Drugs: A Growing Demand, But Limited Coverage
Medications like Ozempic and Wegovy, originally developed for diabetes, have surged in popularity for weight loss treatment. However, despite their effectiveness, many employers are reluctant to cover these costly drugs. According to a recent survey, only 36% of employers provide coverage for both diabetes and weight loss, while 55% limit coverage to diabetes alone. The hesitation largely stems from high costs, with some companies fearing that rising pharmaceutical expenses could strain their healthcare budgets. Fertility Benefits: A Rapidly Expanding Trend
Meanwhile, fertility benefits have seen a significant rise, with 40% of employers now offering fertility-related coverage, up from 30% in 2020. Companies are recognizing that family planning support—including IVF treatments, egg freezing, and surrogacy assistance—can be a powerful tool for employee retention and satisfaction.
The Future of Workplace Benefits While employers remain cautious about rising healthcare costs, the shift toward customized benefits is undeniable. Companies that invest in weight loss treatments and fertility support may see higher employee engagement, improved retention, and long-term cost savings. As workplace expectations evolve, businesses must decide whether to adapt or risk falling behind in the competition for top talent. |
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This Just In ... Retirement Benefits & Pension Rule Changes: The Impact on Public Sector Employees The Rise of Flexible Compensation: A Game-Changer for Modern Workplaces Balancing Employee Wellbeing and Financial Pressures: The Evolving Workplace Benefits Landscape How Businesses Are Using Data Analytics to Optimize Employee Benefits Engagementt The New Benefits Employees Want—And Why Employers Are Hesitant
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