WHAT'S IN THE NEWS?

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What You Need to Know About Health Insurance Mergers

Posted on August 24, 2021 | Awareness

When health insurance companies merge, or an acquisition takes place, the immediate effects to your company aren’t always evident. But slowly over time, you may notice your benefits plan begin to erode and your policy might look radically different and be far less optimal from when you started. For some health insurance companies growth is…
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Simon Biles’ Story Is Closer To Home Than We Think

Posted on August 24, 2021 | Awareness

Empathy and understanding are key when trying to do the best for employees as a leader.

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Save Your People from the Complexity of Medicare

Posted on July 26, 2021 | Awareness

Medicare is a powerful program with several advantages, but we often see employees avoiding the program even when they qualify. This trend creates an unnecessary burden for both the employee and the employer. Employees may delay Medicare enrollment and instead stay with employer provided health insurance because they just don’t understand how to navigate the…
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Solving New Retirement Challenges with Your Benefits Plan

Posted on July 26, 2021 | Awareness

The American workforce is aging. Nearly a quarter of employees are estimated to be over fifty five years of age by 2026. This means an increasing amount of employees are approaching retirement while also potentially having to move their parents into long term care facilities.  Many employees consider retirement during the course of their employment,…
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Mindset: Benefits vs. Insurance

Posted on June 22, 2021 | Awareness

Are you buying an insurance plan or managing a benefits program? For many businesses, employee benefits are a transaction. You pick the plan, pay the bill, and hope you don’t have to think about it until next year. If a sales director or an operations manager approached their work with this mindset, most CEOs would…
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Stop Treating Benefits like it is Insurance

Posted on June 22, 2021 | News to Know

Insurance is a transaction, and benefits are strategic. In other words, insurance is a failsafe while your benefits plan should be an active asset in your growth strategy as a company. However, many business owners overlook just how much of an impact benefits can have on their business and don’t fully leverage its potential. To…
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Balancing Benefits Cost-Savings with Disruption

Posted on May 19, 2021 | News to Know

Business leaders often strive for “efficiency,” and this word is used so often that we can sometimes forget how much nuance is packed into this singular idea. Efficiency is the careful balance of time, resources, performance, and cost. Each of these elements is important to a profitable business, but if you optimize any of them…
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The Tsunami of Transparency Regulations Coming for Your Business

Posted on May 19, 2021 | Industry Update

A wave of new legislation, packed with rules and regulations for businesses like yours, is coming out of Washington. Few businesses are aware of it, let alone prepared for it. The rules are a blend of requirements around benefits and how you communicate with your employees, with the biggest element being requirements for price transparency….
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Who profits when your employees get sick?

Posted on April 13, 2021 | News to Know

Traditional insurance providers intentionally make health care costs complicated. If you have ever asked, before the procedure, what you will pay out of pocket for something as routine as an MRI or a physical therapy appointment, you have likely experienced this firsthand. You can spend a few hours on the phone, transferring between departments and…
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The $320,000 Bassinet: My Adventures Through the NICU

Posted on April 13, 2021 | News to Know

The fourth quarter of 2020 was especially challenging for my family and my team. My daughter was born eight-weeks early and would need a 66 day stint in the NICU (Neonatal Intensive Care Unit). I say this was challenging for my team because we’re all family-minded people, so if someone we know is facing a…
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The Cost of Inaction: Lessons from Kodak

Posted on March 15, 2021 | News to Know

When Fujifilm began outpacing Kodak on the North American analog photography market in the early 90s, Kodak’s executives didn’t see a reason to change. Kodak shunned the relatively cheaper E-6 photo film processing technology used by emerging competitors, opting to stick with the established methods which had worked so well for them in the past….
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Growth Hack: Share Secrets with Competitors

Posted on March 15, 2021 | News to Know

Part of our internal culture is to perpetually improve new learnings and new insights. This is something that many companies pay lip service to, but we have committed to it in a big way. We often find that our clients and our peers overlook the biggest opportunities to grow because they fear the risks of…
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You’re Not Too Small: 7 Ways to De-Risk Self-Funding

Posted on January 28, 2021 | News to Know

BY RYAN SPENCER   Many businesses falsely believe that self-funding their benefits plan is not an option for them because they are “too small.” The reality is that your benefits options are not that black and white. Regardless of your size, you have options to self-fund or to partially self-fund to dramatically reduce your healthcare…
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How to Reinvigorate Your Strategic Plan in 2021

Posted on January 28, 2021 | News to Know

BY BEN CONNER   2021 should be the year of returning to strategic planning and strategic execution. For many businesses, 2020 was rife with crisis responses. Regardless of your political leanings, the chaos of 2020 made it exceptionally difficult to plan, prepare, and execute ideas. Lockdown cycles shifted and changed with little warning both locally…
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Your Health Care Program Advisor: Your Untapped Operations Resource

Posted on December 21, 2020 | News to Know

BY RYAN SPENCER COVID-19 threw dozens of new challenges at CFOs and HR managers this year. Every day, company leaders faced questions they had never considered before: How do we keep our workers safe? How can we remain efficient while working from home? What are my legal responsibilities during the pandemic? Answering these questions has…
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