Category: In The News
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 […]
Going Beyond Traditional Offerings – Biohack Your Employee Benefits
Going Beyond Traditional Offerings – Biohack Your Employee Benefits. Biohacking has been gaining popularity over the past decade and it’s easy to see why. This global movement, described as a do-it-yourself biology, involves making small lifestyle changes to improve health and wellbeing. Biohacking can range from simple changes such as tracking sleep patterns or making […]
Small Business Professional Liability Insurance: Safeguarding Your Professional Services
Running a small business is an exciting venture but comes with inherent risks. One critical risk for professional service providers is the potential for lawsuits in their work. Professional liability insurance, also known as errors and omissions insurance (E&O), protects you from such claims’ financial and reputational damage. Without this coverage, a single lawsuit could […]
Coverage Insights: What Does Professional Liability Insurance Cover?
Professional liability insurance, also known as errors and omissions insurance (E&O), provides vital protection for those offering professional services. These professionals face potential risks; their well-intentioned efforts could still result in costly legal action. This insurance shields professionals and allows them to provide services to the client confidently. In the following sections, we will delve […]
Missing the Gorilla – Why You Shouldn’t Overlook Your Benefits Program
Missing the Gorilla – Why You Shouldn’t Overlook Your Benefits Program. Business leaders often have several important tasks on the go at any given time. The ability to problem solve and delegate projects is important. But what happens when that focus prevents you from seeing problems — or opportunities — that could impact your bottom […]