Would you say flexible hours or student loan repayment is millennials’ top benefit choice? That’s what HR pros said in a new survey, but millennials chose health insurance.
That’s according to those surveyed by Better Buys, a web-based resource on business technology.
Should you make changes?
Even though they chose health insurance, debt-ridden millennials are worried about costs. So that means employers might consider making certain adjustments to their health plans, says Better Buys, such as:
- Comprehensive coverage. Keep out-of-pocket expenses to a minimum, and that means including dental and vision in the plan.
- High-deductible plans. Since they have a lower premium, that’d be preferable to money-minded millennials.
- Fast care. Millennials aren’t used to waiting for anything, so employers might make it easier to “doctor shop” for services, get online appointments and visit providers via telemedicine.
- Healthcare-specific savings accounts. Millennials would also appreciate the flexibility of an HSA, FSA or HRA account to offset costs.