Employer-Sponsored Insurance Costs to Rise 8.5% Although inflation has influenced other industries, healthcare has remained steady due to multi-year contracts. However, according to a study by consulting firm Aon, medical providers are pushing payers to cover more costs that increased due to the pandemic. Employers are expected to pay $15,000 per employee starting in 2024, […]

Third-party Benefits Administrators (TPA) Market to Increase by $514.98 Billion The rise in health insurance claims in 2020 due to Covid, and the need for digital solutions have led to an increase in the need for third-party benefits administrators. According to a report by Allied Market Research, the insurance third-party benefits administrator market generated $280.69 […]