Wondering how HDHP changes impact your organization?   The recent updates to high deductible health plans (HDHPs) for 2025 bring crucial adjustments that employers must address to remain compliant and maintain employee satisfaction.   Specifically, the deductible minimums have increased to $1,650 for individual coverage and $3,300 for family coverage. Additionally, changes to telehealth coverage under HDHPs may require attention, as these plans must meet IRS guidelines to ensure compliance.  Key steps your organization should take  Conduct a thorough review of your current HDHP offerings: Determine if deductibles align with the new thresholds. This review should also consider telehealth benefits and whether the plan meets the necessary requirements to avoid penalties.   Communicate these changes effectively to your employees: This is equally important. Updated materials like summary plan descriptions and benefits guides are essential tools to educate part...

“Employees still are not getting the information they need to make informed choices about their healthcare coverage or how to use that coverage effectively.” - Optavise's 2023 Healthcare Literacy Report. In 2023, fewer employees were confident they understood how their healthcare plans work compared to last year, according to Optavise’s 2023 Healthcare Literacy Report . This is a concerning statistic for employers who strive to improve healthcare literacy. Notably, understanding of healthcare plans is linked to satisfaction. The 90% of employees who said they were extremely confident in understanding their plan reported more plan satisfaction. This is in comparison to the 13%-14% of employees who weren’t confident at all. These findings illustrate that investing in employees’ benefits education can reduce healthcare costs for employers and employees and increase employee satisfaction and engagement. Additional healthcare literacy survey observations   Of more than 1,000 surveyed U....