Tag: health insurance
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 […]
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 […]
Misalignment in the Healthcare System – A Journey Through the Eyes of Experts
Misalignment in the Healthcare System – A Journey Through the Eyes of Experts. United States healthcare can be a confusing, complicated and expensive system, producing slightly different experiences for each person who navigates it. Both good and bad.This year Conner Insurance has produced an important documentary that takes a deep dive into the healthcare industry. […]
Renewals: Why You Shouldn’t Settle for 60 Days Notice
Renewals: Why You Shouldn’t Settle for 60 Days Notice. Two months is long enough to plan a vacation, make a significant lifestyle change or prepare a captivating presentation. Two months is not long enough to make the most of your benefits program. Yet, this is roughly the amount of time most insurance companies give to […]
Hidden Costs Within Your Benefits Program
Hidden costs within your benefits program. Increasing healthcare costs continue to affect people across the United States. For businesses, increases of 20%-30% or more are a common occurrence during renewal time and while costs continue to rise, the true cause can often be concealed.A recent report by Mercer shares that US employers are anticipating another […]
Benchmarking – Standing Out From the Crowd
Benchmarking – Standing Out From the Crowd. Every company is unique. Some may offer similar services or products, but no two organizations are exactly the same. From the town or state they are located in, to the workforce they support, each business has a unique style and set of needs. The same should be true […]
HR Burnout – How Benefit Program Portals Can Help
How Benefit Program portals help. Implementing and managing an organization’s employee benefits program can put a significant amount of pressure on HR professionals who can be flooded with employee benefits program questions and concerns, taking them away from strategic priorities such as employee retention, recruitment, engagement and productivity efforts.The past several years have been particularly […]
Shortages in the Healthcare Industry and Your Benefits Program
Shortages in Healthcare and Benefits Programs. If you run out of batteries, you can order them online and they will show up within a day or two. If you need to pay your bills, you can do so instantly. Current society is used to getting what they want when they want it. Unfortunately, this culture […]
The “Easy Button” Isn’t Always the Right Choice.
The “easy button” isn’t always the right choice. Providing a high-quality, cost-effective benefits program is not always easy. Economic shifts, market trends, rules and regulations and changes in workforce demographics can contribute to a changing benefits program. Staying on top of factors that influence your benefits requires research and strategy design, and while offering the […]
Do You Know What’s Driving Your Costs?
What’s driving your costs? Without a way to monitor and measure the data within your benefits program, you can be left unaware and uninformed. Similar to planning a road trip without mapping where to get gas. You know where you’re going, but you could be missing crucial information to get you there. A data-driven benefits […]