Tag: healthcare
Gain Valuable Insight into New and Exciting Strategies
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
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
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 […]
Innovative Solutions For Your Benefits– Options Are Available
Innovative Solutions For Your Benefits– Options Are Available. A well-designed, comprehensive benefits program plays an important part in your company’s ability to attract and retain top talent. But when that program is broadly offered with no clear purpose or direction, you may end up missing what your people are looking for. SOLVING PROBLEMS THROUGH BENEFITSInstead of […]
What Employers Need to Know About an ICHRA
What employers need to know about an ICHRA. With healthcare costs increasing and retention and recruitment efforts becoming more challenging, many employers are left wondering what cost-saving strategies they can adopt, without transferring the burden to employees. While traditional plans continue to work for some businesses, others find these plans don’t meet their employee’s needs […]
The Importance of an Unbundled Health Plan
Buying internet, TV and phone services is usually a one-stop-shop, searching for one provider that offers bundled services. In these scenarios, the provider and the customer usually benefit. Providers will often offer discounts or bonuses to those who purchase more than one service together, such as extended programming for TV or premium internet service, increasing […]
NextGen Strategies- If It Was Easy Everyone Would Be Doing It
NextGen strategies has become a buzzword in benefits. There are a lot of advisors talking about these strategies and a lot of employers are eager to hear about them. Yet, while these strategies do bring lower costs and better, higher quality care to plan members, we aren’t seeing these strategies come to fruition a lot […]
Mental Health in Benefits: Not Just Lip Service
COVID brought a lot of changes to the workforce during its lengthy stay, from remote working to E-learning and even casual attire. But perhaps the most significant change is the sudden emphasis on the importance of mental health in employee benefits.Since the pandemic, we have had many clients come to us requesting that mental health […]
The Time is Now — Stop Taking the Easy Way Out
Family premiums have now reached around $2,000 a month. That’s 24k a year. On top of that families typically need to pay $6,000 to $10,000 deductibles. A tremendous amount of money that can leave many households struggling. We have reached a point where employers, advisors, and many others in the healthcare system need to recognize […]