Offering great benefits to your employees is a good start, but how effective are these benefits in attracting or retaining employees if they don’t know much about them? Many employers understand the struggles of explaining benefits in a simple and engaging way. Since benefits can be complicated, we’ll take a look at some of the […]
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Senate Releases Better Care Reconciliation Act (BCRA)
On June 22, 2017 Senate Republicans issued their own proposed legislation to repeal and replace the Affordable Care Act (ACA), called the Better Care Reconciliation Act (BCRA). The bill is comparable to the American Health Care Act (ACHA), including by enhancing HSAs, repealing the employer and individual mandates, and preserving some ACA protections. Enhancing Health […]
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Traditional vs. Technology-backed Brokers
Are your benefits the best they can be? Traditionally, insurance brokers have only focused on offering insurance guidance, which includes tasks like quoting plans, negotiating renewals, comparing plans and submitting applications. Over the past few years, though, health care reform has shaken the industry. As health care costs continue to rise and more regulatory requirements […]
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Attracting and Retaining Top Talent With Benefits
Hiring and keeping top talent has become increasingly difficult, and human resources professionals are beginning to leverage employee benefits as a recruitment and retention tool. According to a 2016 study by the Society for Human Resource Management (SHRM), health care benefits are most important to employees, with 95% stating it is currently most important to […]
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Free Webinar – Using Ultimate Health as a Retention Tool and Differentiator
Attracting and retaining top talent is a major priority for most businesses, especially members of the executive staff. Executive benefits are designed to provide your top employees with a higher level of benefits and compensation. These benefits can be designed to provide tax advantage for both employers and employees and get company decision -makers back […]
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Communicating Benefits Effectively to Employees
You could have a great benefits package with plenty of perks, but if you aren’t communicating these benefits effectively to your employees, they may not truly understand what they have or what is available to them. Properly communicating your benefits package to employees is equally as important as choosing what benefits you will be offering. […]
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Adding Wellness to Your Benefits
If you haven’t already, it may be time to consider adding a wellness program into your benefit offerings. According to a study by Go365, engaged member’s health claims costs were 10% lower by year 3. So, not only can wellness solutions create happier and healthier employees, but they can improve your company’s bottom line by […]
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4 Signs Its Time for Outsourcing HR
From payroll to benefits and onboarding, human resources tasks can be time-consuming and complex. So, how do you know if it’s time to explore your outsourced HR options? Heavy administrative focus If you don’t have full time staff dedicated to HR functions, administrative tasks like providing benefits, answering any benefits-related questions, company policies, background checks, […]
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Can Telemedicine Save You Time and Money?
According to a study by the University of California Davis, telemedicine can produce over $100 in travel time cost savings. These savings can go beyond solely travel, and employees/ employers alike can reap the benefits of online doctor’s visits. A telemedicine visit can reduce wait times to minutes that would generally take anywhere between 30 […]
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ACA Remains in Place – Replacement Bill Withdrawn
It didn’t take long after President Trump was inaugurated to begin the repeal and replace process of the Affordable Care Act. The new plan was expected to have a major impact for HSA’s and was intended to minimize the ACA’s economic and regulatory burdens. The plan was also intended to give states more flexibility and […]