Tag: healthcare
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. […]
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 […]
Inflation and Employee Benefits – What You Can Do About It
Inflation and Employee Benefits – what you can do about it. The pressure on employers continues to rise as inflation begins to affect employee benefits. How businesses respond is essential. During this year’s renewal cycle, instead of trimming benefits programs, businesses should focus on strategic ways to maximize cost savings and support employees.Inflammatory stressors, including […]
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 […]
Is Transparency Coming to Healthcare?
Is transparency coming to healthcare? Employee benefits are a clear asset to any company. But when employees find their benefits hard to understand or become worried about the cost of healthcare, the investment could lose value. Not only because of the cost involved but because benefits can significantly influence recruitment, retention and overall employee satisfaction. Employees […]
Comprehensive Benefits – When to Ask For A Second Opinion
Comprehensive benefits – when to ask for a second opinion. When your car breaks down, you usually take it to a mechanic who will run diagnostics and give you an estimate of the cost. If that estimate looks too high for the service or the diagnostic doesn’t fit the complaint, you might seek another opinion. […]