Healthcare Provider Update: Offers health insurance, dental, vision, life, and disability coverage, along with Flexible Spending Accounts (FSAs) and Health Savings Accounts (HSAs). Employees also receive paid holidays, sick leave, and access to wellness programs and supplemental insurance options like long-term care and pet insurance 1. With ACA premiums projected to rise by 1518% in 2026 and enhanced subsidies set to expire, Clear Channels employer-sponsored benefitsespecially tax-advantaged FSAs and HSAsoffer a more stable and cost-effective alternative to increasingly expensive marketplace plans. Click here to learn more
'Clear Channel Outdoor Holdings employees should prepare for 2026 by reviewing upcoming benefit changes and exploring ways to manage rising out-of-pocket health care costs.' - Paul Bergeron, a representative of The Retirement Group, a division of Wealth Enhancement.
'Clear Channel Outdoor Holdings employees can better navigate rising health care expenses in 2026 by understanding benefit adjustments early and making informed plan selections,' - Tyson Mavar, a representative of The Retirement Group, a division of Wealth Enhancement.
In this article, we’ll examine:
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Why increasing health care costs are pushing Clear Channel Outdoor Holdings employers to pass more expenses onto employees.
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The approaches companies are using to handle cost pressures, including changes in plan design and pharmacy benefit modifications.
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How marketplace premium hikes and medical cost trends affect overall health care affordability.
In 2026, Clear Channel Outdoor Holdings employees may bear a greater share of health care expenses as costs keep climbing.
Many large U.S. companies, including those such as Clear Channel Outdoor Holdings, are preparing to adjust benefit structures to counter rising health care expenses. Mercer’s recent survey of 711 U.S. employers with 500 or more employees found that 51% are “likely” or “very likely” to raise deductibles, coinsurance, or out-of-pocket maximums in 2026—up from 45% who said the same for 2025. 1
Despite cost-saving actions, employers’ health care costs rose by 4.5% in 2024 and are expected to climb another 5.8% in 2025; absent these actions, Mercer estimates that costs could go up by ~8%. 2 A key contributing factor is the high price of GLP-1 medications for diabetes and weight loss, averaging around $1,000 per patient per month. 1 The survey also found that 77% of employers rated managing GLP-1 costs as extremely or very important. 1 Although many companies—including those in the energy sector—have expanded GLP-1 coverage, growing concerns suggest such plans may be untenable by 2026.
Shifting Employer Approaches to Benefits
Previously, employers hesitated to raise deductibles because of tight labor markets and concerns about affordability. Today, with economic uncertainty and slower wage growth, cost management may be taking precedence over hiring and retention efforts in some cases. In 2026, 35% of large firms intend to offer unconventional medical plan options—such as copay-based models aimed at reducing costs while maintaining quality. 1 Moreover, 61% are evaluating alternatives to traditional pharmacy benefit arrangements to bring more clarity to drug pricing and pharmacy benefit manager (PBM) services. 1
Rising Costs in the Individual Market
The pressure extends beyond employer-sponsored coverage. The ACA marketplace is slated to experience some of its biggest premium increases in over five years. According to state filings, 2026 premiums could jump dramatically—UnitedHealthcare in New York is seeking increases of up to 66.4%, 3 Arkansas expects an average increase of 36.1%, 4 and Florida Blue is looking at 27%. 5 If enhanced federal subsidies expire at the end of 2025, millions could be exposed to the full impact of these higher premiums.
Why Costs Are Rising Across the Board
Medical cost trends are projected to increase by 7–10% annually—far exceeding general inflation—driven by factors like brand name medications, hospital services, and specialist care. Regulatory changes are adding further pressure. Insurer earnings also contribute, as several major carriers posted record profits in 2024 while launching multibillion-dollar stock buybacks.
Key Take-Away for Clear Channel Outdoor Holdings Workers
With 51% of employers planning to transfer more health care costs onto workers—and ACA premiums rising sharply—2026 may become a critical year for health care affordability. Clear Channel Outdoor Holdings employees who familiarize themselves with upcoming benefit changes, optimize HSA/FSA contributions, and choose their 2026 plan with care may offset some of the added costs. Otherwise, households could see thousands in extra spending for equal—or even reduced—coverage.
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Sources:
1. Mercer. “ U.S. Employers Rethinking Benefit Strategy for 2026 amid Rapidly Rising Costs .” Mercer Newsroom , 16 July 2025.
2. Fierce Healthcare. ' Mercer survey: Employers may make a return to healthcare cost-shifting strategies ,' by Paige Minemyer. 16 Jul 2025.
3. New York State Department of Financial Services. ' 2026 Individual and Small Group Requested Rate Actions ,' 2 June 2025.
4. ACHI. ' Arkansas Insurers File Proposed Rate Increases for 2026 ,' by Chris Ray. 8 Aug. 2025.
5. Insurance Newsnet. ' Florida Blue among companies proposing double-digit healthcare increases ,' by Christine Sexton. 12 Aug. 2025.
Other Resources:
1. Ortaliza, Jared, et al. “How Much and Why ACA Marketplace Premiums Are Going Up in 2026.” Peterson-KFF Health System Tracker , 6 Aug. 2025.
2. New York State Department of Financial Services. “2026 Individual and Small Group Requested Rate Actions – Additional Information.” DFS Prior Approval Portal , accessed 13 Aug. 2025.
3. Sexton, Christine. “Watch Out for Double-Digit Health Insurance Increases in 2026.” The Florida Phoenix , 11 Aug. 2025.
4. Federal Trade Commission. Specialty Generic Drugs: A Growing Profit Center for Vertically Integrated Pharmacy Benefit Managers. Second Interim Staff Report. 14 Jan. 2025. pp. 5–6, 19–20, 32–34.
What type of retirement savings plan does Clear Channel Outdoor Holdings offer to its employees?
Clear Channel Outdoor Holdings offers a 401(k) retirement savings plan to its employees.
Is Clear Channel Outdoor Holdings' 401(k) plan available to all employees?
Yes, the 401(k) plan at Clear Channel Outdoor Holdings is available to all eligible employees.
Does Clear Channel Outdoor Holdings match employee contributions to the 401(k) plan?
Yes, Clear Channel Outdoor Holdings provides a matching contribution to employee 401(k) plan contributions, subject to certain limits.
What is the maximum contribution limit for the 401(k) plan at Clear Channel Outdoor Holdings?
The maximum contribution limit for the 401(k) plan at Clear Channel Outdoor Holdings is in accordance with IRS guidelines, which may change annually.
Can employees of Clear Channel Outdoor Holdings take loans against their 401(k) savings?
Yes, Clear Channel Outdoor Holdings allows employees to take loans against their 401(k) savings, subject to specific terms and conditions.
What investment options are available in the Clear Channel Outdoor Holdings 401(k) plan?
The Clear Channel Outdoor Holdings 401(k) plan offers a variety of investment options, including mutual funds and target-date funds.
When can employees of Clear Channel Outdoor Holdings start contributing to their 401(k) plan?
Employees of Clear Channel Outdoor Holdings can typically start contributing to their 401(k) plan after completing a specified period of employment.
Does Clear Channel Outdoor Holdings provide educational resources for employees regarding their 401(k) plan?
Yes, Clear Channel Outdoor Holdings offers educational resources and tools to help employees understand their 401(k) plan options.
How can employees of Clear Channel Outdoor Holdings access their 401(k) account information?
Employees can access their 401(k) account information through the online portal provided by Clear Channel Outdoor Holdings' plan administrator.
Are there any fees associated with the 401(k) plan at Clear Channel Outdoor Holdings?
Yes, there may be fees associated with the 401(k) plan at Clear Channel Outdoor Holdings, which are disclosed in the plan documents.