Tag: cfo
Stop Coasting: Proven Strategies to Improve Benefits and Cut Costs
There has never been more opportunity to rethink how employee benefits are delivered, but the problem is, many employers are stuck with outdated plans simply because their broker or consultant isn’t keeping up.In a field that’s constantly evolving, relying on a cookie-cutter plan year after year is no longer enough. You could be missing out […]
Take Back Control of Your Healthcare Spend—One Step at a Time
Take Back Control of Your Healthcare Spend—One Step at a Time. Imagine what the world would be like if other industries operated the same way healthcare does. A world where you could only buy coffee from one approved café, you needed prior authorization to use Wi-Fi at home, or you paid hundreds of dollars at […]
Don’t Miss the Warning Signs: The Cost of Inaction
Don’t miss the warning signs: the cost of inaction in benefits. Imagine your employee benefits program as the foundation of a well-built structure. When well maintained and monitored, the structure stands strong, but when small cracks are noticed and not repaired, they can widen, causing catastrophic damage. As an employer, neglecting important details about your […]
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 […]
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 […]
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 […]
Is Your Benefits Program Relevant and Competitive in Today’s Labor Market?
Is Your Benefits Program Relevant and Competitive? Many companies know that employee benefits are essential for business and many promote their plans, however, how many actually dig deep to make sure their plan is up to date and current for their workforce?Benefits packages can quickly become costly, out of compliance with federal, state, and local […]
Choice Overload and Your Benefits Program
Choice overload and your benefits program. The pressure to provide a cost-effective, comprehensive healthcare program to attract and retain top talent is something that employers strive to accomplish in today’s competitive labor market. Yet the desire to create a benefits program that appeals to everyone could actually have the opposite effect.Too many choices can distract […]
Prior Authorization and Your Program – A Benefit. Not A Burden
Prior Authorization and Your Program – A Benefit. Not A Burden. While obtaining approval for medical treatments or medication can feel like a burden, imagine taking a medication that produces serious side effects when taken with another drug you are already on, or receiving treatment for a condition only to find out you were diagnosed […]