Latest news with #SunitPatel
Yahoo
16-07-2025
- Health
- Yahoo
Here's why you might be spending more on health care next year
Battered by multiple years of high health care costs, employers are planning to shift more of the expense to workers in 2026, a new survey released Wednesday found. Just over half of employers are planning to adjust their health insurance offerings to increase staffers' share of the cost, such as instituting higher deductibles or annual out-of-pocket maximums, according to Mercer's Survey on Health and Benefit Strategies for 2026. The tight labor market and rising cost of living in recent years had made companies more reluctant to add to workers' financial burden, Mercer said. Some 45% of employers reported in 2025 that they would shift more costs to staffers. 'Employers are thinking, we're at a point where we can't do another year of not passing along some of the cost increases,' said Beth Umland, director of research at Mercer's Health and Benefits business. Companies expected their health benefits expenses to jump by nearly 6% this year, after experiencing a 4.5% increase in 2024. Costs will likely rise at an even higher rate next year, driven in part by patients' increased usage and doctors using artificial intelligence to more accurately bill insurers, said Sunit Patel, US chief health actuary at Mercer. Another area of cost concern is coverage of anti-obesity GLP-1 medications, which are very popular but very expensive. Nearly two-thirds of companies with 20,000 or more workers provided such coverage in 2024, while 44% of employers with 500 or more workers did. The pace of employers adding such coverage is likely to slow in 2026, Umland said. Companies may be reluctant to stop providing the benefit but may narrow eligibility or require more documentation — making it more difficult for workers to access it, Patel said. Meanwhile, employers remain committed to providing mental health services for staffers, the survey found. More are offering onsite Employee Assistance Program counseling services — some 35% will do so next year, up from 29% this year. They are also providing more sessions, moving to six to eight sessions, rather than the traditional three to five. Also, as employers increasingly require staffers to return to the office, companies are more interested in providing child care or elder care benefits, Mercer found. Some 54% of large employers provide — or will offer next year — at least one child care resource, including a platform to search for child care, access to backup child care services or tuition discounts. Likewise, 58% of large employers offer or plan to provide at least one type of elder care benefit, including grief counseling, a platform to search for elder care or access to backup elder care services. Some 59% of employers will offer at least one resource to support women's reproductive health, including lactation support, high-risk pregnancy and pre-conception family planning. Employees will find out more details about their health care benefits for the coming year during the annual open enrollment period, which typically occurs in the fall.
CNN
16-07-2025
- Health
- CNN
More employers plan to pass along health care costs to workers in 2026
Battered by multiple years of high health care costs, employers are planning to shift more of the expense to workers in 2026, a new survey released Wednesday found. Just over half of employers are planning to adjust their health insurance offerings to increase staffers' share of the cost, such as instituting higher deductibles or annual out-of-pocket maximums, according to Mercer's Survey on Health and Benefit Strategies for 2026. The tight labor market and rising cost of living in recent years had made companies more reluctant to add to workers' financial burden, Mercer said. Some 45% of employers reported in 2025 that they would shift more costs to staffers. 'Employers are thinking, we're at a point where we can't do another year of not passing along some of the cost increases,' said Beth Umland, director of research at Mercer's Health and Benefits business. Companies expected their health benefits expenses to jump by nearly 6% this year, after experiencing a 4.5% increase in 2024. Costs will likely rise at an even higher rate next year, driven in part by patients' increased usage and doctors using artificial intelligence to more accurately bill insurers, said Sunit Patel, US chief health actuary at Mercer. Another area of cost concern is coverage of anti-obesity GLP-1 medications, which are very popular but very expensive. Nearly two-thirds of companies with 20,000 or more workers provided such coverage in 2024, while 44% of employers with 500 or more workers did. The pace of employers adding such coverage is likely to slow in 2026, Umland said. Companies may be reluctant to stop providing the benefit but may narrow eligibility or require more documentation — making it more difficult for workers to access it, Patel said. Meanwhile, employers remain committed to providing mental health services for staffers, the survey found. More are offering onsite Employee Assistance Program counseling services — some 35% will do so next year, up from 29% this year. They are also providing more sessions, moving to six to eight sessions, rather than the traditional three to five. Also, as employers increasingly require staffers to return to the office, companies are more interested in providing child care or elder care benefits, Mercer found. Some 54% of large employers provide — or will offer next year — at least one child care resource, including a platform to search for child care, access to backup child care services or tuition discounts. Likewise, 58% of large employers offer or plan to provide at least one type of elder care benefit, including grief counseling, a platform to search for elder care or access to backup elder care services. Some 59% of employers will offer at least one resource to support women's reproductive health, including lactation support, high-risk pregnancy and pre-conception family planning. Employees will find out more details about their health care benefits for the coming year during the annual open enrollment period, which typically occurs in the fall.
CNN
16-07-2025
- Health
- CNN
More employers plan to pass along health care costs to workers in 2026
Battered by multiple years of high health care costs, employers are planning to shift more of the expense to workers in 2026, a new survey released Wednesday found. Just over half of employers are planning to adjust their health insurance offerings to increase staffers' share of the cost, such as instituting higher deductibles or annual out-of-pocket maximums, according to Mercer's Survey on Health and Benefit Strategies for 2026. The tight labor market and rising cost of living in recent years had made companies more reluctant to add to workers' financial burden, Mercer said. Some 45% of employers reported in 2025 that they would shift more costs to staffers. 'Employers are thinking, we're at a point where we can't do another year of not passing along some of the cost increases,' said Beth Umland, director of research at Mercer's Health and Benefits business. Companies expected their health benefits expenses to jump by nearly 6% this year, after experiencing a 4.5% increase in 2024. Costs will likely rise at an even higher rate next year, driven in part by patients' increased usage and doctors using artificial intelligence to more accurately bill insurers, said Sunit Patel, US chief health actuary at Mercer. Another area of cost concern is coverage of anti-obesity GLP-1 medications, which are very popular but very expensive. Nearly two-thirds of companies with 20,000 or more workers provided such coverage in 2024, while 44% of employers with 500 or more workers did. The pace of employers adding such coverage is likely to slow in 2026, Umland said. Companies may be reluctant to stop providing the benefit but may narrow eligibility or require more documentation — making it more difficult for workers to access it, Patel said. Meanwhile, employers remain committed to providing mental health services for staffers, the survey found. More are offering onsite Employee Assistance Program counseling services — some 35% will do so next year, up from 29% this year. They are also providing more sessions, moving to six to eight sessions, rather than the traditional three to five. Also, as employers increasingly require staffers to return to the office, companies are more interested in providing child care or elder care benefits, Mercer found. Some 54% of large employers provide — or will offer next year — at least one child care resource, including a platform to search for child care, access to backup child care services or tuition discounts. Likewise, 58% of large employers offer or plan to provide at least one type of elder care benefit, including grief counseling, a platform to search for elder care or access to backup elder care services. Some 59% of employers will offer at least one resource to support women's reproductive health, including lactation support, high-risk pregnancy and pre-conception family planning. Employees will find out more details about their health care benefits for the coming year during the annual open enrollment period, which typically occurs in the fall.
Yahoo
09-07-2025
- Business
- Yahoo
Crown Castle Announces Second Quarter 2025 Earnings Conference Call Details
HOUSTON, July 09, 2025 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") plans to release its second quarter 2025 results on Wednesday, July 23, 2025, after the market closes. In conjunction with the release, Crown Castle has scheduled a conference call for Wednesday, July 23, 2025, at 5:30 p.m. eastern time. A listen only live audio webcast of the conference call, along with any supplemental materials, can be accessed on the Crown Castle website at Participants may join the conference call by dialing 833-816-1115 (Toll Free) or 412-317-0694 (International) at least 30 minutes prior to the start time. All dial-in participants should ask to join the Crown Castle call. A replay of the webcast will be available on the Investor page of Crown Castle's website until end of day, Thursday, July 23, 2026. ABOUT CROWN CASTLECrown Castle owns, operates and leases more than 40,000 cell towers and approximately 90,000 route miles of fiber supporting small cells and fiber solutions across every major U.S. market. This nationwide portfolio of communications infrastructure connects cities and communities to essential data, technology and wireless service – bringing information, ideas and innovations to the people and businesses that need them. For more information on Crown Castle, please visit CONTACTS Sunit Patel, CFOKris Hinson, VP & TreasurerCrown Castle Inc.713-570-3050Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22-05-2025
- Business
- Yahoo
Crown Castle to Present at Nareit's REITweek: 2025 Investor Conference
HOUSTON, May 21, 2025 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") announced today that Dan Schlanger, Crown Castle's Interim President and Chief Executive Officer, and Sunit Patel, Crown Castle's Executive Vice President and Chief Financial Officer, are scheduled to present on Wednesday, June 4, 2025 at 2:45 p.m. Eastern Time at Nareit's REITweek: 2025 Investor Conference. The presentation will be broadcast live over the Internet and is expected to last approximately 30 minutes. The live audio webcast link and presentation for the conference will be available on Crown Castle's website at where it will also be archived for replay for 30 days. ABOUT CROWN CASTLE Crown Castle owns, operates and leases more than 40,000 cell towers and approximately 90,000 route miles of fiber supporting small cells and fiber solutions across every major U.S. market. This nationwide portfolio of communications infrastructure connects cities and communities to essential data, technology and wireless service – bringing information, ideas and innovations to the people and businesses that need them. For more information on Crown Castle, please visit CONTACTSSunit Patel, CFOKris Hinson, VP & TreasurerCrown Castle Inc.713-570-3050
