WHAT'S IN THE NEWS?

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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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CDC Announces Shorter Quarantine Guidelines After a COVID-19 Exposure

Posted on December 13, 2020 | News to Know

BY CONNER INSURANCE During a recent media briefing, the Centers for  Disease Control and Prevention (CDC) announced an  update to quarantine guidelines, offering options for  shorter quarantine periods.  The CDC’s updated guidance allows for the following  quarantine periods for those who may have been  exposed to COVID-19 but are without symptoms:  Ten-day quarantine period—An individual …
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CDC Approves Recommendation for COVID-19 Vaccine Distribution

Posted on December 13, 2020 | News to Know

BY CONNER INSURANCE The Centers for Disease Control and Prevention (CDC) Director Dr. Robert Redfield has approved a COVID 19 vaccine distribution plan. The approved interim recommendation first offers vaccine distribution to health care workers and residents of long-term care facilities in the initial phase of the vaccination program before offering the vaccine to the…
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The Biden Administration and Health Care

Posted on December 13, 2020 | News to Know

BY CONNER INSURANCE Between the COVID-19 pandemic and an ongoing political  debate over the Affordable Care Act (ACA), health care was a  core element of Joe Biden’s campaign for the U.S. presidency.   It remains to be seen exactly how President-elect Joe Biden  and Vice President-elect Kamala Harris will impact the health  care industry. However, employers…
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Breakdown of a Health Insurance Premium Dollar In 2020

Posted on December 13, 2020 | News to Know

BY BENEFITS PRO Compared to two years ago, a smaller portion of premiums are going toward prescription drug costs, while a larger portion is going toward in-patient care Understanding health care costs is complicated, to say the least. There’s the amount billed for a service, the negotiated rate ultimately paid, and then how much the service…
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Amazon Launches Digital Pharmacy for Prime Members

Posted on December 13, 2020 | News to Know

BY BENEFITS PRO (Bloomberg) –Amazon.com Inc. unveiled its biggest push into selling prescription drugs with the launch of a digital pharmacy and discounts for paying U.S. Prime members that sent shock waves through shares of drugstore chains and distributors. The e-commerce giant on Tuesday unveiled Amazon Pharmacy, a section of its retail website and mobile…
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Workplace Policies Under the Biden Administration: What to Expect

Posted on December 13, 2020 | News to Know

BY BENEFITS PRO A contentious election has resulted in an uncertain future for workplace policy, a new report from the Littler Workplace Policy Institute said. The regulatory arm of the employment law firm prepared the report to explore the 2020 election’s impact on employers and workers—but the ongoing controversy over the election has clouded the forecast somewhat….
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Biden and Health Care: Picking Up Where Obama Left Off

Posted on December 13, 2020 | News to Know

BY BENEFITS PRO A President Joe Biden health care industry strategy could usher in a new era of medical innovation, expanded health insurance coverage, slower provider consolidation, and a renewed initiative to rein in pharmaceutical costs. But Biden will be up against the same obstacles that often thwarted his mentor, Barack Obama: a divided Congress,…
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Identify Proactive Health Benefits Advisors: 3 Qualities to Look For

Posted on December 10, 2020 | News to Know

BY RYAN SPENCER We recently met with a prospect who was sick of benefits advisors. In the past, he had worked with a litany of advisors who promised incredible results but delivered the same vanilla services and lackluster performance as everyone else. Most years, he felt like his advisor forgot about his existence until he…
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Spin Your Benefits Flywheel: How to Get the Most Value Out of Your Health Care Program

Posted on November 24, 2020 | News to Know

BY RYAN SPENCER The Flywheel Concept was popularized by Jim Collins in his legendary business book, Good to Great. The idea is that, over time, a series of choices can grow the momentum of a business, but it’s difficult to get the flywheel spinning at first and the rewards of those early efforts are not…
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Illuminate Your Blind Spots To Improve Your Health Care Program

Posted on November 11, 2020 | News to Know

BY BEN CONNER Great leaders hunt down their blind spots to optimize their performance. They read about the latest innovations. They study their competitors. They find inspiration from companies in separate industries. Despite their efforts, many business leaders unknowingly allow blind spots to grow around their health care program.  A great advisor will help you…
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Become the Hero Your Company Health Plan Needs: How to Channel Your Inner Batman

Posted on October 28, 2020 | News to Know

BY BEN CONNER With Halloween around the corner, our kids have talked non-stop about costumes. After wandering through rows and rows of Sonic the Hedgehog, Spiderman, and clown outfits, I started thinking about our professional alter egos. With a laugh, it occurred to me that the executives and HR professionals who actively strive to streamline…
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Have You Established Your Health Benefits Contingency Plan? 3 Questions You Should Ask

Posted on October 14, 2020 | News to Know

BY RYAN SPENCER The coronavirus and the resulting economic recession blindsided companies all over the country. Leaders have responded with a variety of cost-cutting tactics, from layoffs to reduced hours to mandatory work-from-home. But there’s another tactic available that few leaders have used: A health benefits contingency plan. By re-evaluating their plan needs, company leaders…
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Evaluating the Potential Impact of Health Benefits Plan Changes: 6 Factors to Consider

Posted on September 25, 2020 | News to Know

BY BEN CONNER Change is scary. When there’s an unknown that could significantly impact the health of your business and its employees, you have every right to feel nervous. But change is also necessary. In the ever-evolving business world, your company has a responsibility to read market trends and react accordingly. If your business must…
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How to Turn Your Health Plan into a Win-Win For Your Company and Its Employees

Posted on September 9, 2020 | News to Know

BY BEN CONNER Company health plans commonly feel like a lose-lose for both the business and its employees. The benefits are stressful for employers because of their ever-growing costs, and employees are stressed by premiums, co-pays, and plan details. By taking a comprehensive, measured approach to health benefits, you can create win-win opportunities within your…
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