Insecurity Forcing Workers To Look At Their Benefits

by | Nov 4, 2022 | B2B Surveys, Business Intelligence and Data Analytics Surveys, COVID-19 Surveys, Employee Satisfaction, Employee Surveys, Finance Surveys, Healthcare Surveys, Human Resource Surveys, In the News, SaaS Surveys

We conducted a study for Alegeus, the leading provider of SaaS-based benefit funding and payment solutions, from October 14-16, 2022 with 1,175 U.S. respondents. The results we found showed that respondents were turning towards employer-sponsored benefits choices, especially their personal strategies around consumer-driven health (CDH) accounts like health savings accounts (HSAs) and flexible spending accounts (FSAs). This shift in focus is reflected by the fact that; of the 25% of respondents who have a CDH account, nearly half (47%) say that economic uncertainty has impacted how much they plan to put in their account. In contrast, COVID-19 has had far less impact on CDH account contributions, as 74 percent say they have maintained the same investment choices since prior to the pandemic. Luckily employers seem to be doing well in addressing these concerns, as 65% of the respondents who receive their healthcare benefits through their employer say they’re somewhat or very helpful with providing resources to help them make informed decisions about their healthcare plan.

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Author Notes:

Jeffrey Henning

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Jeffrey Henning, IPC is a professionally certified researcher and has personally conducted over 1,400 survey research projects. Jeffrey is a member of the Insights Association and the American Association of Public Opinion Researchers. In 2012, he was the inaugural winner of the MRA’s Impact award, which “recognizes an industry professional, team or organization that has demonstrated tremendous vision, leadership, and innovation, within the past year, that has led to advances in the marketing research profession.” In 2022, the Insights Association named him an IPC Laureate. Before founding Researchscape in 2012, Jeffrey co-founded Perseus Development Corporation in 1993, which introduced the first web-survey software, and Vovici in 2006, which pioneered the enterprise-feedback management category. A 35-year veteran of the research industry, he began his career as an industry analyst for an Inc. 500 research firm.