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. 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. 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 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. 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? 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. 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. […]

Gain valuable insight into new and exciting strategies. Making changes to any business program or protocol can feel intimidating. But whether the company decides to add an online process, modify the way payroll is received or change aspects of the benefits program, change is an inevitable part of business.The problem is; change is often thought […]

Why you need an employee benefits mission statement. From new and updated regulations to changes in company demographics, keeping your healthcare program running smoothly year after year can be challenging. With a mission-driven benefit program, you can avoid losing track of your program goals and consistently deliver a benefits program that is efficient, organized and […]

The hidden revenue streams controlling your pharmacy cost. Increasing healthcare costs and lack of transparency within pharmacy spend have many employers searching for answers when it comes to how much power pharmacy benefit managers have and what they can do about it.Pharmacy benefit managers (PBMs) are companies that manage prescription drug programs on behalf of […]