Employee Benefits: Navigating Rising Health Insurance Costs

22 May 2026 · 0 min

Watch on YouTube

0:05

In this brief YouTube excerpt, Chrissy Myers discusses how employers are responding to rising health insurance costs. She notes that most organizations choose to replace traditional health benefits with alternative offerings rather than fully eliminate coverage. Completely dropping health insurance without any substitute is presented as a red flag, often preceding business closures. The conversation underscores the tension between protecting the business’s financial health and retaining employees, suggesting that eliminating benefits signals deeper organizational trouble.

You gotta protect the business, but you don't wanna feed your employees to the wolves either, 'cause if they all leave—
Yeah, so most of the time, are you seeing organizations replace their benefits with some type of alternative? Yes, yeah. So rarely do they just completely eliminate them altogether. I would agree, it tends to be a telltale sign for an organization if they eliminate their health insurance plan and don't have any other alternatives.
Yes, yeah, yeah. Then when we see them close, it's not a surprise.
No, it's not a surprise.