Category: In The News
Employee Benefits Definition: A Complete Guide to Understanding the Options
A strong employee benefits package helps organizations build and maintain successful teams. As an employer, understanding the complexities of benefits administration—from coverage requirements to cost management—directly impacts your ability to support and retain valuable employees. Many business owners and HR professionals face challenging decisions about which benefits to offer and how to structure their programs […]
The Dark Side of the Healthcare System: Why it is Failing Our Community
Healthcare is failing our community. Despite being one of the wealthiest nations in the world, millions of Americans struggle to pay the high costs of healthcare, and while there is no single solution to this complex issue, there are steps that can be taken to address it.The relationship between doctors, hospitals and insurance companies known […]
Harnessing AI for Business Growth and Employee Wellbeing
Table of Contents: AI for Business Growth Employers Have a Lot to Consider AI is No Longer a Luxury – It’s a Necessity Don’t Miss Out AI For Business GrowthHarnessing AI for Business Growth and employee Wellbeing. AI is no longer just a buzzword; it’s a necessity. One that is reshaping industries across the globe […]
Don’t Let Post-Enrollment Oversights Lead to Costly Penalties
Don’t Let Post-Enrollment Oversights Lead to Costly Penalties. The beginning of the year can be an exciting time for businesses—employees return to work refreshed, and a new fiscal year begins, leading to new budgets and hiring plans. But as the first quarter begins and operations resume, now is not the time to put the brakes […]
Don’t Let the Fear of Medical Debt Drive Your Benefits Program
Don’t Let the Fear of Medical Debt Drive Your Benefits Program. Medical debt is a growing concern for many employees across the country, and not only because of rising costs. Financial strain caused by medical debt affects 20 million people in the U.S., according to the Peterson-KFF, Health System Tracker, putting a significant burden on […]
The Dangers of Getting Caught-up with the Competition
The dangers of getting caught-up with the competition. Many companies, especially those in competitive industries, can feel the pressure to match—or exceed—the benefits programs offered by competitors. And with costs continuing to rise, and employees expecting more, it’s easy to see why. But, the most valuable employee benefits programs are often ones that are tailored […]
High-cost Claimants: Is the Affordability of Your Benefits Plan at Risk?
High-cost Claimants: Is the Affordability of Your Benefits Plan at Risk? For most employers, prescription drugs, doctor fees or an unexpected visit to the emergency room is top of mind when considering high-cost claimants and their benefits program. The last thing is usually a cancer diagnosis.But with more people being diagnosed with cancer every year, […]
Balancing HR Burnout and the Demands of Open Enrollment
Balancing HR burnout and the demands of Open enrollment. Open enrollment can be considerably overwhelming for HR leaders who—for many companies—take full responsibility for not only researching the variety of options available but also communicating the selections clearly to employees. And while choosing benefits may seem like a straightforward process, it can be very complex.Lack […]
Value Optimization: Changing the Landscape of Employee Benefits
Value Optimization: Changing the Landscape of Employee Benefits. Employee benefits are constantly evolving, from adapting to skyrocketing healthcare costs to meeting ever-changing employee expectations. To stay ahead of the curve and accommodate constant shifts in cost and preference, employers must reevaluate their benefits and make adjustments where appropriate.Without assessing the growth, performance and strategy of […]
Stay Curious — The Difference a Benefits Specialist Can Make
The difference a Benefits Specialist can make. A medical specialist needs to have excellent communication skills and expertise to accurately diagnose and treat defined conditions. Similarly, a benefits consultant needs to have in-depth knowledge of employee benefits to offer useful advice and recommendations. Both roles require specialized knowledge and a high level of expertise to […]