How will employers approach offering benefits five years from now?

Kimberly A. Landry 3/17/2022
How will employers approach offering benefits five years from now?
The workplace benefits industry is changing rapidly, with shifting labor force dynamics, an evolving benefits distribution ecosystem, increased reliance on technology, and repercussions of the COVID-19 pandemic all prompting employers to reevaluate their benefits strategies. How do employers expect to change their approaches to offering benefits in the next five years? To explore this question, LIMRA partnered with EY to survey over 800 U.S. employers in summer 2021. Employers revealed:
Making the process faster with standards. The LIMRA Data Exchange (LDEx) Standards are for insurance carriers and benefits administration technology companies looking to reduce errors, improve customer experience, and increase speed to market.
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